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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