The US dollar gained 1.6% or 4,700 rials and was traded at 290,030 rials in Tehran’s open market on Wednesday, the highest since March.
Bank-affiliated moneychangers sold demanded 271,540 rials for the greenback -- nearly 3% higher than Tuesday’s close, the Persian-language Eghtesadnews reported.
The dollar climbed by a solid 4.21% in the regulated forex market that operates under the auspices of the Central Bank of Iran and deals wholesale.
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