Forex, Gold Trim Losses

After a recent pattern of decline, forex and gold prices in Tehran are rising again. The dollar, which plunged to as low as 210,000 rials last Monday, climbed to 232,000 rials on Thursday gaining 4,000 rials or 1.8% compared to the earlier session. 
Other major currencies also made gains. The euro was up 2.85% to be worth 284,700 rials. The UK pound sterling was tagged at 321,950 rials, 3% higher than Wednesday and the UAE dirham gained 2.3% to be quoted at 65,300 rials,  Eghtesad News said.
The greenback was rather choppy in the past three months falling from an all-time high of 320,000 rials in mid-October as investors rushed to the sell side in anticipation of change of guard in United States.