Iranian markets on hold as politics overshadow trades

TEHRAN – Iranian markets including forex and stock markets are currently in a limbo situation as traders are waiting on the results of two major political events namely the presidential election and the nuclear deal negotiations to clear the atmosphere, Economist and Market Analyst Jamal Razaqi said.

Forex, gold coin, stock exchange markets in past week

TEHRAN- Jamal Razaghi, the head of Shiraz Chamber of Commerce, Industries, Mines, and Agriculture, has investigated the status of forex, gold coin, and stock exchange market in Iran during the past Iranian calendar week (ended on Friday). What follows is a glimpse of his investigation.

Iran seeks to expand handicrafts market in southern China

TEHRAN – Iran seeks to expand handicrafts exports to southern China, including Guangzhou province, mainly through holding exhibitions and selling products online.

CBI pledges to restore balance in forex market in coming weeks

TEHRAN – The Central Bank of Iran (CBI) is taking necessary measures for restoring balance in the domestic foreign currency market, Tasnim reported on Saturday.

CBI to control forex market more through new monetary policy

TEHRAN- The governor of Central Bank of Iran (CBI) said the bank is controlling the forex market and plans to strengthen this control through a new monetary policy, IRIB reported.

Stability to come back to forex market: CBI governor

TEHRAN- The governor of the Central Bank of Iran (CBI) said that the bank will bring stability back to the forex market, IRIB reported.

By Mahnaz Abdi

Forex market stabilized, rial soaring

Forex market in Iran has been experiencing many ups and downs after the U.S. withdrew from Iran’s nuclear deal (known as JCPOA) in May 2018.

‘Forex market under CBI’s control, passing temporary turbulence’

TEHRAN- Foreign currency exchange market is under the control of Central Bank of Iran (CBI) and the temporary turbulence will pass, Tasnim news agency reported on Thursday quoting CBI Governor Abdolnaser Hemmati as saying.

‘Integrated forex market to be launched in a month’

TEHRAN- The chairman of the Economic Committee of Majlis announced that an integrated forex market will be launched in the country by the end of current Iranian calendar month of Khordad (June 21), IRNA reported.

Iran to launch organized forex market next week: fin. min.

TEHRAN- Iranian finance and economic affairs minister announced that an organized forex market will be launched in the country in the next week, IRNA reported on Friday.

5 arrested for disrupting forex market

TEHRAN – Iranian intelligence forces have arrested 5 members of a group for disrupting the foreign currency market.

Iran arrests 25 for disturbing forex market

TEHRAN – The Intelligence Ministry announced on Monday that it had arrested 25 members of two criminal networks that had infiltrated into Iran’s banking and foreign currency systems.

40 forex market disruptors detained

TEHRAN – Forty suspects were detained on Monday as part of the Judiciary’s crackdown on disruptors of foreign currency market.

196 detained over disrupting forex market

TEHRAN – Judiciary spokesman Gholam-Hossein Mohseni-Eje'i said on Sunday that 196 suspects have been detained in Tehran in the past few days over smuggling and corruption in foreign currency market.

By Haniyeh Sadat Jafariyeh

After repeated record lows, rial recovers unexpectedly

Following government’s Saturday measure to grant authority to the Central Bank of Iran (CBI) to interfere in the foreign exchange market in defense of the rial, the Iranian currency started to regain incrementally.

Central Bank forex director arrested

TEHRAN – The director of the foreign exchange office at the Central Bank of Iran was arrested on Sunday, local sources said.

Iran forex exemptions to secure handicraft exports

TEHRAN – Iranian exporters of handicrafts are no longer required to exchange their export currencies at the Forex Management Integrated System, locally known as NIMA.