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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