Rial Gains Against Major Currencies

Major currencies moved further from record highs reached last week and declined Sunday both in Tehran’s free market and official exchange-bureaus affiliated to the Central Bank of Iran. 
The US dollar lost more than 12,000 rials on Sunday and declined to 284,000 rials or 4.5% in one day. It had reached an all-time high of 300,000 rials on Thursday.
The euro was down by 6,600 rials to be worth 338,873 rials dropping close to 2% compared to Saturday. The UK pound sterling slipped more than 2% to trade and was quoted at 373,000 rials.