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Rial Gains Amid Fresh Decline in Forex Rates 

Rial Gains Amid Fresh Decline in Forex Rates 
Rial Gains Amid Fresh Decline in Forex Rates 

The rial gained more ground as most foreign exchange rates continued to retreat at Tehran’s unofficial market on Sunday. 
The US dollar was down almost 2.3% and was quoted at 301,700 rials at the close of the session -- 7,000 rials lower on Saturday’s close. The euro fetched 309,660 rials losing 2.3% in one day and the GBP was worth 364,860 rials -- down 2.7% for the day. The UAE dirham lost 1.7% to buy 82,600 rials on Sunday, the Eqtesad News website said.  
Guarded optimism about the revival of Iran’s nuclear deal triggered a sell-off in the chaotic currency market ast Wednesday.  

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