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Iran: Currency, Gold Descend After Big Leaps

Iran: Currency, Gold Descend After Big Leaps Iran: Currency, Gold Descend After Big Leaps

Foreign exchange rates and gold coin prices fell on Saturday  following Central Bank of Iran measures to moderate rates after a week of high volatility. 
The US dollar that had leaped 9.1% the last week, lost 5.5%, or 8,000 rials and was worth 149,000 rials in Tehran's open market. The euro's decreased by 4.66%, to reach 162,000 rials. Emirate dirham, Turkish lira and Chinese yuan also recorded 4.25%, 5.5% and 4% decline, respectively. 

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