Business And Markets
0

Dollar, Euro Higher Amid CBI Effort to Stabilize Rates

Dollar, Euro Higher Amid CBI Effort to Stabilize RatesDollar, Euro Higher Amid CBI Effort to Stabilize Rates

Exchange shops in Tehran on Saturday sold the US dollar at 133,500 rials, which was up 2.7%, or 3,500 rials, compared to previous working day's close. 
According to the Tehran Gold and Jewelry Union website, the euro also posted 2.4% growth in Saturday trade with 148,500 rials. 
Local media also reported an increase in the difference between the buying and selling price of foreign currencies at the moneychangers–including bank-affiliated exchange shops functioning as the Central Bank of Iran's arm in the currency market. 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com