Business And Markets

Forex Reaches All-Time High

Forex Reaches All-Time High Forex Reaches All-Time High

Foreign exchange rates gained against the rial in Tehran’s unofficial market Tuesday amid rising demand and despite large-scale forex injection by exchange bureaus affiliated to Central Bank of Iran. 
The dollar broke past the critical level of 250,000 rials, the highest since July 18. It gained 5,000 rials, or 2%, compared with Monday’s close to reach 253,000 rials.  
One euro was worth 298,000 rials, up 5,000 rials, or 1.7%, and the UK pound sterling jumped to 329,000 rials. 


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