Business And Markets

Forex Rates Unrestrained in Tehran Market

Forex Rates Unrestrained in Tehran MarketForex Rates Unrestrained in Tehran Market

Major currencies continued to rise Wednesday for five successive sessions with the US dollar moving closer to 240,000 rials in Tehran’s open market but sopped near the threshold. 
The greenback closed at 239,000 rials, surging almost 1% compared to the session earlier. 
One euro bought 268,000 rials surging by 1,000 rials and the UAE dirham was 1% higher at 65,500 rials.
The USD has grown more than 12,000 rials against the rial in  the past three sessions, causing the price difference with moneychangers affiliated to the Central Bank of Iran to widen further. 


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