Business And Markets
0

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. 

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