Radio Zamaneh
  • Home
  • Labor Rights
  • Advertise
  • About Zamaneh Media
    • Exiled Media Report
    • Sponsors
    • Donate
    • Vacancies
    • Contact us
    • Legal
    • Republishing Guidelines
No Result
View All Result
  • Home
  • Labor Rights
  • Advertise
  • About Zamaneh Media
    • Exiled Media Report
    • Sponsors
    • Donate
    • Vacancies
    • Contact us
    • Legal
    • Republishing Guidelines
No Result
View All Result
Radio Zamaneh
No Result
View All Result

Minister calls big currency swings a thing of the past

by Zamaneh Media
December 27, 2014
in Latest Articles
Reading Time: 1 min read
0
Minister calls big currency swings a thing of the past

As the national currency continues to fall against the dollar, Iran’s Minister of the Economy says he is not too concerned about the rise in the exchange rate, adding that sharp fluctuations will no longer occur.

Ali Tayyebnia said the rise in the exchange rate for the dollar is not too significant and the Central Bank is able to manage the currency market.

He stressed that there may be small fluctuations, as might be seen in any currency market, but they are not too concerned that there will be a dramatic change in the value of the national currency.

Iran’s dollar exchange rate was stable for about 10 years but two years ago it suddenly tripled and even reached about 4,000 toumans.

While the exchange rate for the dollar became somewhat stabilized at just above 3,000 toumans in November, the decision to renew nuclear talks at the end of November and the continued drop in oil prices have once again pushed the exchange rate higher.

Related Posts

A Collective Statement by Men Advocating for Gender and Sexual Equality: Let Us End This Silence and Complicity
Human Rights

A Collective Statement by Men Advocating for Gender and Sexual Equality: Let Us End This Silence and Complicity

June 14, 2025
The Light Carried Forward: Migration, Exile, Flight and Cinematic Creation
Latest Articles

The Light Carried Forward: Migration, Exile, Flight and Cinematic Creation

May 9, 2025
A Dutch Artist Inspired by Women, Life, and Freedom in Iran: An Interview with Rienke Enghardt
Latest Articles

A Dutch Artist Inspired by Women, Life, and Freedom in Iran: An Interview with Rienke Enghardt

September 23, 2024
Afghan Migrants Speak Out: Legal Residents Expelled from Iran
Human Rights

Afghan Migrants Speak Out: Legal Residents Expelled from Iran

August 16, 2024
From Zahra Kodai to Iman Khalif: How Can We See the Bigger Picture?
Latest Articles

From Zahra Kodai to Iman Khalif: How Can We See the Bigger Picture?

August 14, 2024
87 Executed in Iran One Month Post-Election
Latest Articles

87 Executed in Iran One Month Post-Election

August 9, 2024
Radio Zamaneh

© 2024 Zamaneh Media

More information

  • Sponsors
  • Donate
  • About us
  • Contact us
  • Legal

Follow Us

No Result
View All Result
  • Home
  • Labor Rights
  • Advertise
  • About Zamaneh Media
    • Exiled Media Report
    • Sponsors
    • Donate
    • Vacancies
    • Contact us
    • Legal
    • Republishing Guidelines

© 2024 Zamaneh Media