Iran: Forex Market Retreats, Gold Gains

Currencies traded choppily in Tehran’s market on Wednesday, before ending lower and gold prices market soared.   
Like other financial markets around the globe, Iran’s forex market was also impacted by updates on the results of the presidential election in United States on Wednesday. 
With currency speculators anticipating a Donald Trump victory, the dollar surged to 302,000 rials in the early hours of trade -- 10,000 rials higher than Tuesday.