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Iran: Currency and Gold Weaken

Iran: Currency and Gold Weaken Iran: Currency and Gold Weaken

The currency and gold coin markets on Wednesday fluctuated posting drops after Tuesday's gains. The US dollar lost 2.5% or 6,000 rials during the day to close at 280,000 rials at Tehran’s open market. 
Moneychangers affiliated to the Iranian Association of Bureau de Change quoted the greenback at lower rates (277,380 rials) according to Eghtesadnews.  
The euro was priced at 329,830 rials in the free market across the country, down 2.63% compared to the previous trading day. Licensed moneychangers tagged the single European currency at 326,460 rials. The greenback had gained 1.74% on Tuesday's close and the euro had climbed 1.84%. 

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