Business And Markets

Currencies Down in Tehran

Market observers have voiced optimism that the complex talks on Iran’s nuclear program in Vienna that resumed on Monday would likely to bear fruit
Currencies Down in Tehran
Currencies Down in Tehran

Forex rates declined in Tehran’s free market on Tuesday apparently due to guarded optimism over the new round  nuclear talks in Vienna.
The dollar was quoted at 291,800 rials posting more than 1% decline compared with the previous day's close. The currency plunged 4.4% in the Central Bank of Iran's regulated market to buy 259,980 rials. 
Bank-affiliated exchange shops sold the greenback at 269,900 rials, slightly lower than Monday’s 273,953 rials. 


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