forex market

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Regulated Forex Market Unaffected by Fire

EghtesadOnline: Managing director of the company overseeing the regulated foreign exchange market said Friday’s fire will not have a major impact on the opening of the long-awaited currency market.
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Publish Date: 23/September/2019 | 13:24

Iranian Authorities Mulling Uncustomary Second Annual Vehicle Price Hike

EghtesadOnline: In light of recent developments in the forex market coupled with mounting pressure by carmakers, the authority in charge of regulating the auto market in a rare move has announced that it is poised to sanction another round of price increases.
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Publish Date: 27/August/2018 | 09:15

Gold Smashes Record

EghtesadOnline: Coming on the heels of the chaotic forex market, gold prices shot up in Iran on Sunday as the Emami gold reached 161 million rials, rising 5.5 million rials or 3.41% in one day.
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Publish Date: 12/October/2020 | 19:53

Iran's CB Discounts Effect of FATF Ruling on Forex Market

EghtesadOnline: Governor of the Central Bank of Iran said whatever the anti-money laundering Financial Action Task Force decides on February 21, the decision will not affect the currency market.
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Publish Date: 10/February/2020 | 24:16

New CBI Platform to Oversee Open Banking, Regulated Forex Operations

EghtesadOnline: The Central Bank of Iran has developed a new platform, Diba, to supervise open banking operations, says Aboutaleb Najafi, CEO of Informatics Services Corporation, noting that regulated forex market is also planned to function on this platform.
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Publish Date: 25/November/2019 | 11:57

€10.6 Billion in Non-Oil Export Revenues Repatriated Via Nima

EghtesadOnline: Since the beginning of the current fiscal year (March 20), more than €10.6 billion earned from exporting non-oil goods has been sold through the Central Bank of Iran's secondary forex market, known locally as Nima.
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Publish Date: 23/November/2019 | 24:16

Importers Buy Forex Worth €7.8b at Iran's Secondary Forex Market

EghtesadOnline: The total value of foreign currencies sold by exporters of non-oil goods at Iran's secondary market amounted to €9.2 billion since the beginning of the current fiscal year (started March 21), €7.86 billion of which have been purchased by importers.
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Publish Date: 20/October/2019 | 13:23

Investors Shy Away From Tehran Stocks

EghtesadOnline: Listed companies in the Tehran Stock Exchange closed trading day mostly in red on Tuesday as investors were disheartened by the sharp fall in the forex market.
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Publish Date: 17/July/2019 | 11:52

Iran's Regulated Forex Market Waiting for the Opportune Time

EghtesadOnline: The long-awaited regulated foreign exchange market is ready for launch but is waiting for the opportune inauguration time in order to have the best possible impact on the forex market, the CEO of the company overseeing the market said.
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Publish Date: 14/July/2019 | 09:22

NDFI Withdrawal Could Be a Savior

EghtesadOnline: Governor of the Central Bank of Iran says the government decision to withdraw money from the National Development Fund of Iran, the country's sovereign wealth fund, could be an opportunity to help stabilize the forex market.
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Publish Date: 14/April/2019 | 14:56

Iran: Regulated Forex Market Structure Announced

EghtesadOnline: In a meeting attended by officials from the Central Bank of Iran and an association comprising players in upcoming regulated forex market on Monday, details of the mechanisms of the new market were announced.
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Publish Date: 16/January/2019 | 13:06

Impact of Volatile Forex Market on Iranian Tech Firms

EghtesadOnline: Vice President for Science and Technology Sorena Sattari says compared to other sectors, the recent volatility in the forex market has had a “slight” impact on knowledge-based firms. But businesses argue that the economic headwinds have led to a significant decline in demand for services, and when paired with increased overhead, have put companies under the cosh.
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Publish Date: 16/October/2018 | 09:30

Majlis Expects Central Bank of Iran to Stabilize Forex Market

EghtesadOnline: In the wake of the government authorization to the Central Bank of Iran to intervene in the foreign exchange market, the head of Majlis Economic Affairs Commission Mohammad Reza Pour-Ebrahimi said the measures should help curb volatility and restore stability to the market.
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Publish Date: 01/October/2018 | 05:19

Iran’s CB Allowed to Intervene in Forex Market

EghtesadOnline: The government on Saturday authorized the central bank to intervene in the foreign exchange market to prop the rial after the currency fell to record lows in recent weeks against major currencies.
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Publish Date: 30/September/2018 | 05:42

Tehran: Gold Coin, Forex Markets Heating Up Again

EghtesadOnline: The currency and gold coin markets heated up again on Sunday, keeping up a rally that started from the beginning of the trading week on Saturday.
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Publish Date: 03/September/2018 | 07:46

Fresh Rally in Tehran's Forex, Gold Markets

EghtesadOnline: Foreign exchange witnessed a fresh rally in the open market, which was accompanied by a surge in the price of gold coin.
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Publish Date: 29/August/2018 | 05:00