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Forex, Gold Scale Fresh Record Highs

Forex, Gold Scale Fresh Record Highs
Forex, Gold Scale Fresh Record Highs

Foreign exchange rates hit a new record in Tehran’s unofficial market on Saturday.  The US dollar crossed the historic level of 320,000 rials and jumped to 327,500 rials, registering 1.5% rise on the session before. 
The euro shot up 1.5% or 5,100 rials to be traded at 349,600 rials. The GBP gained 1.53% to buy 398,700 rials and the UAE dirham closed at 89,500 rials, 1.47% or 1,300 rials higher from Thursday. 
While forex rates reach unseen highs, the Central Bank of Iran says it is working hard to “boost currency supply to control volatility” through affiliated exchange bureaus. However, it does not say how and when.

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