Euro Up,  USD Down
Euro Up,  USD Down

Euro Up, USD Down

Euro Up, USD Down

The two high demand currencies in Tehran’s market, namely the US dollar and euro, followed entirely different trends during the week to July 18. The rial was quoted at 37,780 to the greenback on Tuesday, down by 150 rials from a week ago. However, euro had experienced an upward trend in the past week. The European currency changed hands for 44,090 rials in Tehran’s market on Tuesday, marking an increase of 400 rials in seven days. Summer holidays and the high volume of travels to European countries, which trigger a surge of demand for euro, are one of the main reason for the rally. Bahar Azadi gold traded for 11,720,000 ($312.5) on Tuesday, registering a drop of 60,000 rials compared to last Tuesday.

Short URL : https://goo.gl/5oPKE9
  1. https://goo.gl/LAswGr
  • https://goo.gl/1K4bcN
  • https://goo.gl/4MRegn
  • https://goo.gl/QHu8KV
  • https://goo.gl/d6734X

You can also read ...

Valiollah Seif
Governor of the Central Bank of Iran said on Wednesday anti-...
Nat’l Virtual Currency in the Offing
Months after the idea was first publicized, it seems that Iran...
5th Indian Wheat Cargo Arrives for Afghanistan in Chabahar
India’s fifth consignment of wheat to be sent to Afghanistan...
Presale Crosses  96,000 Gold Coins
The presale of Bahar Azadi gold coins priced at 14 million...
Spanish Foreign Minister Alfonso Dastis met with President Hassan Rouhani on Feb, 21.
Foreign ministers of the Netherlands and Spain are in Tehran...
Lexus’ New Crossover to Break Cover  in March
Lexus will pull the covers off of the production version of...
The government has required car importers to pay the higher tariffs announced in January.
The government has finally allowed the clearance of imported...
Bank Loans Top $100b in 10 Months
Banks and credit institutions doled out more than 4.62...

Add new comment

Read our comment policy before posting your viewpoints