Euro Hit 3-Year Record

The euro gained against rial on Monday morning and hit a record. The high demand currency in Tehran’s market changed hands for 44,470 rials, which is the highest in the past three years. According to Tehran Gold and Jewelry Union’s website, the rial was quoted at 37,850 to the greenback, registering a 30-rial growth compared with the previous day’s close. The Central Bank of Iran priced subsidized dollar at 32,670 rials, up 11 rials. Subsidized euro was priced at 38,086 rials, up 420 rials or 1.07% compared with the previous working day’s close. Emami gold coin lost 18,000 rials on Monday and was traded at 12,028,500 rials ($317.86). Bahar Azadi gold coin was sold for 11,680,000 rials ($308.5), registering no significant change, compared with the day before. Half Azadi and Quarter Azadi coins also witnessed a steady situation, being priced at 6,215,000 rials ($164.20) and 3,625,000 rials ($95.78) respectively.