Business And Markets

Currency, Gold Trim Gains

Currency, Gold Trim Gains
Currency, Gold Trim Gains

Foreign currency and gold prices retreated from the recent highs on Sunday following some positive reports, particularly those related to reviving Iran’s nuclear deal.
The dollar dropped more than 1.3% or 4,000 rials in Tehran’s unofficial currency market, retreating to 301,500 rials. The greenback gained 3% last week to cross a 14-month high of 306,500 rials. It briefly touched the critical 310,000-rial.


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