Iranian Rial

Iran’s top officials meet to discuss rial depreciation

TEHRAN, Jan. 04 (MNA) – The heads of three power branches of the Iranian government held a meeting on Saturday evening to discuss the recent hike in the prices of foreign currencies against the local Iranian currency, the rial.

US dollar crumbling in Iran's market as rial recoups losses

TEHRAN, Dec. 30 (MNA) – The price of the US dollar and other major currencies has fallen in the Iranian market amid increased injections by the government and prospects of easing political and regional tensions.

Tehran, Moscow to strengthen local currencies

TEHRAN, Jul. 10 (MNA) – The national currencies swap agreement made between the central banks of Iran and Russia will contribute to the ruble and rial strength and dollar exclusion from mutual settlements.

Deputy CBI

Iran to launch offshore Rial to boost trade relations

TEHRAN, Jan. 05 (MNA) – An official with the Central Bank of Iran (CBI) said offshore rial will become operational within the next few months to help business people do their transactions in Iran's local currency.

Iran economy minister:

Rise in oil revenues contributes to rial value stability

TEHRAN, Oct. 24 (MNA) – Iran’s minister of economic affairs and finance on Tuesday said the increase in revenues earned from oil exports is among the reasons for foreign exchange (Iranian rial vs foreign currencies) market’s stability.

Raeisi orders CBI, economic bodies to use rial in trade

TEHRAN, May 07 (MNA) – Iran's resident ordered the central bank to lay the ground for conducting business transactions in the Iranian rial and accelerate ditching the dollar in financial transactions with other countries.

Iran Gov. Spokesman:

US waging new economic war after failure in riots

TEHRAN, Dec. 25 (MNA) – Iran's government spokesman linked the downing prices of the rial against the dollar to the new phase of the economic war against the country, saying as the riots were temporary, the increasing prices are so.

Tehran exchange launches trading in Iranian rial/ruble

TEHRAN, Jul. 19 (MNA) – The Tehran exchange has launched Iranian rial/Russian ruble trading, the head of Iran's central bank said on Tuesday.

Iraqis can pay for flight tickets in Iranian rial

TEHRAN, Jul. 04 (MNA) – The Iranian Embassy in Iraq announced that Iraqi citizens, like Iranian citizens, can buy plane tickets to travel to Iran in the Iranian rial.

Iran ready to use local currencies in trade with Indonesia

TEHRAN, May 07 (MNA) – The Iranian Deputy Foreign Minister for Economic Diplomacy Mehdi Safari said Iran is ready to use local currencies in trade with Indonesia.