Business And Markets

Currency Stable, Gold Falters

Currency Stable, Gold FaltersCurrency Stable, Gold Falters

Currency rates were largely stable on Wednesday after losing 18% during three consecutive sessions of bear market. However, gold prices extended the slide. 
The USD traded at 218,000 rials for the most part of Tuesday’s session, save for a temporary hike in later hours where it was quoted at 222,000 rials. 
On Wednesday, however, the greenback slightly dropped to 217,000 rials in Tehran’s open market. A euro was worth 252,000 rials and the pound sterling got 275,000 rials. 


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