Iran Currency News

The US dollar sold for 39,200 rials in Tehran’s market on Saturday, slightly up from the previous day’s 39,100 rials. The currency fetched as much as 39,400 rials in midday trade, according to the…

The governor of the Central Bank of Iran is trying to assuage concerns about the recent surprise rally in currency markets saying the surge is temporary and will abate in the last three months of…

The US dollar is once again at the center of attention in the Iranian currency market with its recent pattern on the upside, the only notable difference this time around being that the higher…

The rate of the US dollar to the rial is unlikely to reach 38,000 rials, said Hamid Zaman Zadeh, director of research department at Banking and Monetary Institute, affiliated to…

Foreign exchange rates and gold coin prices surged on Wednesday following Donald Trump’s surprise victory in the US presidential election.

US dollar was traded for 36,580 rials in Tehran at…

Gold coin prices registered growth in the past week. Bahar Azadi was traded at 11.06 million rials ($348.6) on Thursday, up from10.95 million rials ($344) at the start of the trade week on…

Foreign exchange rates are real in the market and are rising at a slow pace, says Valiollah Seif, governor of the central bank following the recent swings in the foreign exchange market.…