The Governor of Central Bank of Iran Akbar Komijani says the country in recent days has seen the decline in the forex rate in the market as a U.S dollar is being currently traded at around 260,000 rials while it had hit 280,000 rials.
The International Monetary Fund (IMF) has corrected its wrong estimate about the amount of Iran’s foreign exchange reserves in an official note sent to the Central Bank of Iran (CBI), says a CBI statement.
Head of Iran-China Joint Chamber of Commerce Majid-Reza Hariri says in order to improve exports, Iran trade centers should be launched in countries as venues for barter of forex between exporters and importers.
Chairman of Iran-China Joint Chamber of Commerce Majid-Reza Hariri says if Iran cannot double its current export level in the upcoming years, the country will face with foreign currency crisis.
Iran President Hassan Rouhani unveiled plans to use the foreign currency reserve assets held in other countries in order to balance the currency prices at home.
Iran's Central Bank Governor Abdolnaser Hemmati on Sunday said exporters who have not transferred their foreign currency earnings to the government FOREX system will be summoned for explanations.
First Vice-President Eshaq Jahangiri yesterday urged the exporters to return forex earned from exports to the national economy.
Iranian President Hassan Rouhani said the recent fluctuations in the country's forex market are temporary.
Iranian President Hassan Rouhani on Tuesday stressed the need to control the foreign exchange (forex) rates and prevent their hikes.
What has the year 2020 brought to traders and economies of the world. Here is a brief outlook on the 2020 trading market across the globe.