Business And Markets

Forex, Gold Rally in Tehran

Forex, Gold Rally in Tehran
Forex, Gold Rally in Tehran

Currencies rallied in Tehran on Saturday after more than two weeks of stability spurring a rising trend in the domestic bullion market. 
Vacillating between 228,000-232,000 rials in the past week, the dollar jumped to 239,500 rials in the free market up 3.2% or 7,600 rials. It briefly crossed the critical 240,000 rials. 
The euro rose more than 2.7% or 8,000 rials to close at 292,110 rials and the UK pound sterling gained 11,850 rials or 3.5% to close at 340,280 rials. The lowest gain was for the UAE dirham as it closed at 64,500 rials, up 1% or 600 rials compared to the session earlier. 


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