TEHRAN, August 14 -U.S. import prices were unchanged in July as a surge in the cost of fuels was offset by weak prices elsewhere, suggesting a strong dollar was keeping imported inflation pressures in check.
TEHRAN, August 14 -The U.S. dollar ’s role as a global currency is in decline and Russia has been exploring for some time using national currencies to settle bilateral trade deals with Turkey and other countries, Russian Foreign Minister Sergei Lavrov said.
TEHRAN, August 2- Iran is working on a plan to create a floating mechanism for pricing the US Dollar to help prevent further depreciation of its national currency which lost its value by above 14 percent within only hours this past Sunday.
TEHRAN, July 28- The ability of the U.S. stock market to keep an edge this year over equities elsewhere in the world hinges on the United States maintaining its economic and earnings growth advantage, the strength of the dollar and how global trade tensions resolve, investors said.
TEHRAN, July 18 -The dollar held firm against its peers on Thursday, supported by bullish comments from the U.S. Federal Reserve chairman, which affirmed expectations for at least two more interest rate hikes this year.
TEHRAN, July 18 -The world’s major stock markets were mostly firmer on Wednesday as a bullish outlook from the head of the U.S. central bank buoyed the dollar , lifted bond yields and sent safe-haven gold to a one-year trough.
TEHRAN, July 10 - Russia’s Foreign Minister Sergei Lavrov says the three major European signatories to a landmark nuclear deal with Iran agreed to establish trade ties with Iran independent of the US dollar .
TEHRAN, July 05 -The US dollar fell to three-week lows on Thursday, as the euro gained on strong German industrial orders, while data showing jobs rose less than expected in June plus nagging concerns about global trade also reined in the greenback's recent rally.
TEHRAN, June 27 -The dollar held steady against a basket of currencies on Wednesday, its earlier bounce from two-week lows flagging amid lingering trade conflict concerns.
TEHRAN, June 26 -World stocks extended a sell-off on Tuesday as escalating trade tussles between the United States and other major economies steered investors away from riskier assets, with markets in China bearing the brunt of investor anxiety.
TEHRAN, June 25 - The Central Bank of Iran (CBI) said it plans to create what it has described as a secondary currency market to help ease tensions that plunged the rial against the US dollar to a record low level on Sunday.
TEHRAN, May 23 - Turkey's embattled lira on Wednesday lost over three percent in value to hit new historic lows against the US dollar , but there was no word from the central bank of any emergency action to buttress the currency.
TEHRAN, May 16 - The European Union is planning to switch payments to the euro for its oil purchases from Iran, eliminating US dollar transactions, a diplomatic source told RIA Novosti.
TEHRAN, May 16 - The European Union plans to switch to the euro for oil purchases from Iran, eliminating the US dollar as the two sides work to protect bilateral trade against possible American sanctions, a Russian report says.
TEHRAN, May 14 -Washington’s renewed sanctions on Tehran supports China’s newly established oil futures, analysts say. The sanctions can make the yuan a more preferable currency than the dollar on the oil market.
TEHRAN, April 20 - Ankara has decided to bring back all its gold stored in the US Federal Reserve, according to Turkish media. In recent years, Turkey repatriated 220 tons of gold from abroad, and 28.7 tons was brought back from the US last year.
TEHRAN, April 17 - Iran and Turkey opened their first letter of credit for business transactions in their national currencies as the two countries move to ditch the US dollar and the euro in bilateral trade.
TEHRAN, April 12 -The dollar held near a two-week low on Thursday against a basket of currencies as investors remained cautious over possible Western military action against Syria, while the euro was also steady before minutes of the ECB’s March meeting.