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US Dollar Archives - Iran News Daily
US dollar drops as worries of US national debt soar 16 Feb 2021

US dollar drops as worries of US national debt soar

The US dollar weakened across the board as investors reacted to the rising US national debt. In a statement during the weekend, the Congressional Budget Office (CBO).

Rial Devaluation to End As CBI Resumes Rationing Dollar 15 Sep 2020

Rial Devaluation to End As CBI Resumes Rationing Dollar

Devaluation for the Iranian currency (rial) seems to have come to an end as the Central Bank of Iran (CBI) resumes rationing the US dollar.

Oil Prices Recovered on Falling US Dollar 02 Sep 2020

Oil Prices Recovered on Falling US Dollar

Oil prices recovered on Tuesday, erasing overnight losses, as investors moved into risk assets and away from the safe-haven US dollar which tumbled to multi-year lows.

Dollar Rate in Iranian Market Falls Significantly 22 Jul 2020

Dollar Rate in Iranian Market Falls Significantly

The rate of US dollar in the Iranian market witnessed a significant drop of 20,000 rials on Tuesday, to continue its declining trend for the second consecutive day.

Iran trades rise after ditching US dollar 12 Feb 2020

Iran trades rise after ditching US dollar

Iran switches to currencies other than the US dollar and it's showing the first signs of paying off and rising foreign trades.

Convert to Lira, Erdogan Urges People 26 Nov 2019

Convert to Lira, Erdogan Urges People

TEHRAN (Iran News) – President Recep Tayyip Erdogan called on Turks to convert their foreign currency to Turkish lira, asking them to “leave the dollar”. “Leave the dollar and the rest. Let’s convert to our money, the Turkish lira. The Turkish lira doesn’t lose value anymore. Let’s show our patriotism like this,” Erdogan said, World […]

Exchange rate for importing basics remains unchanged 24 Nov 2019

Exchange rate for importing basics remains unchanged

TEHRAN (Iran News) – Head of Plan and Budget Organization of Iran said Sunday that Iran’s budget for the next fiscal year still defines the exchange rate for importing basics remains at 4200 tomans to $1. Mohammad Bagher Nobakht said the draft of the country’s budget for the next fiscal year was submitted to the […]

US Dollar Ditched in Iran’s Trade with Russia, Turkey 25 Sep 2019

US Dollar Ditched in Iran’s Trade with Russia, Turkey

Governor of the Central Bank of Iran (CBI) Abdonnaser Hemmati said the country uses the national currencies in the trade transactions with Russia and Turkey.

Sanctions part of US foreign policy since beginning of Republic: Nephew 31 Jul 2019

Sanctions part of US foreign policy since beginning of Republic: Nephew

Richard Nephew, who served as the lead sanctions expert for the US team negotiating with Iran, is of the opinion that “Sanctions have been part of US foreign policy since the beginning of the Republic.”

Talks underway for signing bilateral monetary treaties: FM Zarif 23 Jun 2019

Talks underway for signing bilateral monetary treaties: FM Zarif

Iranian Foreign Minister Mohammad Javad Zarif said Sunday that talks are underway with a number of countries including Turkey, Russia, and China, to sign or finalize mutual monetary treaties.