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Exchange rate

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131 total articles tracked

August 2018

August 24, 2018

Inflation in Iran Increases by One Percent in August; Point-to-Point Inflation Approaches 20 Percent

Iran's inflation rate has increased to 9.7% in August, with point-to-point inflation nearing 20%. Economists warn of severe inflationary pressures, predicting inflation could reach 25%…

📰 Radio Farda 🕐 Aug 24, 2018
August 12, 2018

Dollar in Secondary Market at 9,000 Toman, in Free Market at Over 10,000 Toman

The Central Bank of Iran is attempting to stabilize the currency market by introducing a new mechanism for currency demand, following the failure of the…

📰 Radio Farda 🕐 Aug 12, 2018
August 11, 2018

Dollar Starts the Week Above 10,500 Tomans

The US dollar began the week in Iran above 10,500 tomans, reflecting ongoing currency instability despite government efforts to control inflation. The official rate remains…

📰 Radio Farda 🕐 Aug 11, 2018
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