The rial compensated some of the earlier loss on Tuesday as foreign currencies dipped dragging down prices in the domestic gold market.
The US dollar retreated to 324,000 rials in Tehran’s free market, losing 6,000 rials or 1.8% on the session before. It hit a record high of 333,000 rials on Saturday.
Likewise, the euro lost 1.85% or 6,400 rials to end at 339,200 rials. The GBP shed 2.2% or 9,100 rials to buy 397,800 rials and the UAE dirham dropped below the 90,000-rial level to fetch 88,600 rials, down 1.77% from Monday.
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