TEHRAN, April 11 - Iran unveiled a plan to switch from the US dollar to Euro as its official reporting foreign currency in an effort which could be meant to reign in the rate of the greenback that hit multiple records against the Rial earlier this week.
TEHRAN, April 09 - The dollar nursed its losses on Monday, having retreated late last week due to concerns over U.S.-China trade tensions and following data that showed the U.S. economy created the fewest jobs in six months in March.
TEHRAN, March 19 -The dollar held steady against a basket of major peers on Monday as traders braced for new Federal Reserve Chair Jerome Powell’s first monetary policy meeting this week, and as the increased threat of trade protectionism kept markets on edge.
TEHRAN, March 12 -The dollar eased versus the yen on Monday, as traders worried that a suspected cronyism scandal in Japan involving the sale of state-owned land could dampen investors’ risk appetites.
TEHRAN, March 9 - A top Indian diplomat at Tehran embassy unveiled plans for the expansion of trade and banking ties with Iran using the national currencies of the two sides instead of US dollar , saying six Iranian banks have been authorized to make investment in India.
TEHRAN, March 1- Iran moved a step closer to a plan to ditch the dollar in its trade activities by announcing that purchase orders by merchants that are based on the greenback would no longer be allowed to go through import proceedings.
TEHRAN, February 26 - The dollar steadied on Monday, with investors looking to Federal Reserve Governor Jerome Powell’s first congressional testimony for hints on the future pace of U.S. monetary tightening.
TEHRAN, February 21 -The dollar rose to its highest level in a week against a basket of currencies on Wednesday, as investor focus shifted to the minutes of the Federal Reserve’s last policy meeting. World stocks looked set to fall for a third straight day.
TEHRAN, February 7 -The dollar steadied against a basket of currencies on Wednesday as calm returned to global financial markets with investors partially reversing their rush to safe haven assets and moving back into stocks.
TEHRAN, January 25 - The greenback has touched the lowest level against major global currencies since 2015. This comes after the US treasury secretary announced that Washington favors a weak dollar in trade.
TEHRAN, January 23 -The dollar edged higher on Tuesday as some investors judged that its recent decline to a three-year low may be coming to a close amid growing concern over the U.S. stance on global trade.
TEHRAN, January10 - The dollar extended losses against the yen on Wednesday after the Bank of Japan’s move to trim Japanese government bond (JGB) purchases in the previous session triggered speculation that it could begin tapering its massive, ultra-easy monetary stimulus.
TEHRAN, December 5 -The dollar dipped on Tuesday, as investors waited to see how the next step of the U.S. tax reform legislation proceeds rather than extend the rise made by the dollar at the start of the week following the U.S. Senate’s approval of the tax bill.
TEHRAN, December 4 -The dollar was broadly higher on Monday, reaching a 2-1/2-week peak against the yen, lifted after the U.S. Senate approved a tax overhaul at the weekend.
TEHRAN, November 23 - Turkish Lira has sunk to a new record low, causing economic losses for companies across the country. This is while the Turkish government says the economic situation is under the control and nothing will affect the economic growth in Turkey.
TEHRAN, November 21 - The embattled Turkish lira hit record lows against the dollar on Tuesday as investors took fright over an impending trial in the United States and changes to banking regulations.
TEHRAN, November 21 - The dollar gave back some of its gains in Asian trading on Tuesday but stuck close to a one-week high against a basket of currencies as a German political deadlock continued to pressure the euro.
TEHRAN, November 7 - The dollar sagged on Tuesday, knocked away from an eight-month highs versus the yen down as Treasury yields slipped on uncertainty over whether the Republicans can pass their tax bill in a timely manner.
TEHRAN, November 4 -Moscow and Beijing are looking to extend the three-year $25 billion yuan-ruble swap deal and seek greater use of domestic currencies in trade. Experts have told RT this is likely to cut dependence on the US dollar .