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In Last Fiscal: Currency Returns Outperform

In Last Fiscal: Currency Returns Outperform
In Last Fiscal: Currency Returns Outperform

A report by Tehran Chamber of Commerce, Industries, Mine and Agriculture shows the foreign exchange market recorded the highest return in the previous fiscal (March 2018-19) compared to a year earlier. 
The report said one USD on average traded at 107,830 rials in Tehran's open market during the aforementioned period – up 166% compared to the same period a year earlier when the greenback hardly fetched 40,450 rials.  
A euro sold for 125,590 rials on average in the last year, registering 161.2% hike year-on-year. 

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