Tag Archives: Exchange

Government'.s full control over the foreign exchange market. and expressed hope that reduction of inflation rate would continue in the next few months.

Iran’s national currency of the rial has regained ground after 4 days of fall which was triggered by the government’s decision to increase the price of subsidized gas by 50% and unsubsidized gas by 300% in the country.

Trump’s comments on China are another negative concern for the market.

Iran is working on new strategies and smarter policies in areas of foreign trade and business to further undermine the repercussions of Washington’s unilateral sanctions against Tehran.

The country’s budget for the next fiscal year still defines the official exchange rate of 4200 tomans to $1 for the import of basic and staple goods.

Oil production in Russia remains expensive compared to other parts of the world.

While describing Iran’s salient achievements in the scientific and academic fields. the science minister emphasized that Iran is ready to exchange experiences with UNESCO in relevant issues.

The recent minor loss of the national currency of rial’s value against foreign exchange is a minor fluctuation of no concern. advising the masses not to take the market of foreign currencies as an investment opportunity.

The successful sell-off by the NIORDC may have encouraged the NIOC to accelerate its plans for trade of oil cargoes at IRENEX.

Despite the U.S. exit from the Iran deal. Tehran remained fully compliant with the international document for a year.