Forex Market
بازار ارز
Economy
📰 Recent Mentions
View Timeline →Tracking Suspicious Funds
The Central Bank of Iran is actively monitoring suspicious banking transactions that could disrupt the monetary system. This initiative aims to enhance transparency and control…
Indian Markets Rebound Amid Easing Bond Yields and Strong Forex Inflows
Indian markets showed positive movement with the BSE SENSEX and NSE NIFTY both rising due to easing U.S. bond yields and strong foreign exchange inflows.…
Iran's Annual Monetary and Forex Policy Conference Advocates for Economic Reforms and Inflation Control
The 33rd Annual Conference on Monetary and Foreign Exchange Policies was held in Tehran, focusing on aligning fiscal and trade policies with monetary strategies to…
India Considers Fuel Price Hike to Protect Forex Reserves Amid Iran Conflict
India is considering a fuel price hike and restrictions on non-essential spending to protect its foreign exchange reserves amid rising oil prices linked to the…
'Vaishnaw Advocates Forex Spending Cuts Amid West Asia Tensions'
Union Minister Ashwini Vaishnaw urged Indian citizens and businesses to cut foreign exchange spending and increase forex earnings amidst ongoing tensions in West Asia. This…
Indian Markets Decline as PM Modi Advises Against Gold Purchases Amid Rising Oil Prices
Indian equity markets opened lower due to geopolitical tensions and rising crude oil prices, influenced by Prime Minister Modi's advice against gold purchases. This situation…
Lahouti Calls for Three-Month Deadline for Currency Repatriation by Exporters
Lahouti has called for a three-month deadline for exporters to repatriate their foreign currency earnings, following recent notifications demanding compliance within five days. This move…
Central Bank of Iran Introduces New Foreign Exchange Policy Strategy
The Central Bank of Iran, led by Abdolnaser Hemmati, has introduced a new strategy for foreign exchange policy following the unification of exchange rates. This…
Mohammad Reza Farzin Resigns from Central Bank Presidency, Possible Reappointment of Abdolnaser Hemmati
Mohammad Reza Farzin has resigned from his role as the head of Iran's Central Bank amid a severe economic crisis. Abdolnaser Hemmati is expected to…
Iran's Central Bank Assures Security of Gold and Foreign Exchange Reserves Amid Upcoming UN Sanctions
Iran's central bank governor, Mohammadreza Farzin, reassured business leaders about the security of the country's foreign exchange and gold reserves in light of impending UN…
Minister of Economy Reports Budget Shortage and Withdrawal from the National Development Fund
Iran's Minister of Economy reported a budget deficit for 1403, leading to withdrawals from the National Development Fund to cover shortfalls in targeted subsidies and…
Head of Iran's National Development Fund Warns Against Khamenei's Approval of 'Temporary Reduction' of Fund's Share from Oil Revenues
Mehdi Ghazanfari, head of Iran's National Development Fund, warns against Khamenei's approval of a temporary reduction in the fund's share from oil revenues, which could…
Significant Decline in Iran's Steel Production Due to Electricity Shortages
Iran's steel production has significantly declined due to severe electricity shortages, with major companies reporting drops of up to 42%. This situation threatens the steel…
The price of the dollar in Iran's free market has risen to 61,000 tomans
The dollar price in Iran's free market has surged to 61,000 tomans, driven by increased demand due to the summer season and upcoming presidential elections.…
A Member of Parliament: This Year We Need to Import Two Billion Dollars Worth of Gasoline
Iran's energy imbalance is worsening, requiring over two billion dollars in gasoline imports this year due to stagnant refinery production and rising consumption. The government…
20 Billion Dollars in Capital Flight from Iran in the First 9 Months of 1402
Iran has experienced a capital flight of over 20 billion dollars in the first nine months of 1402, reflecting a significant economic crisis exacerbated by…
The Economic Life Culture After Four Decades of the Islamic Republic's Establishment
The article discusses the complex and fragmented economic culture of Iran four decades after the establishment of the Islamic Republic, highlighting the coexistence of various…
Central Bank of Iran Announces Launch of 'Secondary Currency Market'
The Central Bank of Iran has launched a secondary currency market aimed at stabilizing the currency exchange rate, with rates determined through agreements between importers…
Rising Food Prices; The Driving Force Behind Inflation Rate in Farvardin
Iran's inflation rate has shown mixed trends in Farvardin, with the Statistical Center reporting an average of 8.1% while the Central Bank cites 9.2%. Rising…
Parliament Approves General Budget Proposal for 2018
The Iranian parliament approved the general budget proposal for 2018 after initially voting against it. The budget includes provisions for oil pricing and subsidy adjustments…