Business And Markets

Currencies and Gold Climb in Tehran Market

Currencies and Gold Climb
Currencies and Gold Climb

Forex rates advanced again on Sunday in Tehran building on recent gains spurred by reports of change of guard at the Central Bank of Iran.   
The dollar moved above the critical 240,000 rials after briefly crossing above the level a session earlier. The greenback added about 2% to earlier gains and closed at 244,300 rials in the open market. 
It went up as high as 247,500 rials in the early hours of trade before retreating later as it was quoted lower for forward deals.  According to Eghtesadnews website, in late trade dealers quoted the greenback at 241,000 rials for forward deals. 


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