USD Summery Gain
USD Summery Gain

USD Summery Gain

USD Summery Gain

The US dollar once again gained against rial in Tehran’s foreign exchange market to reach its highest value in the past six months late Sunday. According to Tehran Gold and Jewelry Union’s website, the greenback, which is the most widely traded currency in the Iranian market, was traded for 38,280 rials and 32,950 rials in the open and official markets respectively. Euro, the other high-demand currency, registered a 70-rial drop compared with Saturday’s close and changed hands for 45,380 rials. However, the European currency is experiencing calm and steady days after its unprecedented rally in July, which pushed its value to the highest level in the past three years.  The Central Bank of Iran fixed the official euro’s rate at 38,763 rials, down by 20 rials compared with its previous day’s close. Other high-demand currencies in Tehran’s market, namely Turkish lira and Emirati dirham, which traders significantly use in transactions with these countries, also witnessed a slight growth.  Lira and dirham changed hands for 11,120 rials and 10,450 rials, respectively.

Short URL : https://goo.gl/Ve22oz
  1. https://goo.gl/5cp5Ya
  • https://goo.gl/xPVwfc
  • https://goo.gl/fYbxmM
  • https://goo.gl/FtYM5B
  • https://goo.gl/KD8FfN

You can also read ...

Central Bank of Iran Against Market Intervention
Central Bank of Iran's Governor Abdolnasser Hemmati said the...
New Forex Initiative Unable to Tip Scales
The new forex initiative has only managed to fix major policy...
VDMA Backs Iran Trade
Germany’s plastics and rubber machinery trade association,...
Musk Bid for Tesla Still Murky
Tesla Inc’s board named a special committee of three directors...
Tehran Shows 4th Biggest Upturn in Economist’s Livability Index
Tehran is one of the top five cities in the world to have...
Equity-Based Sukuk Return to Iran Capital Market
The government is set to clear part of its debt to Social...
S. Korea Bans Recalled BMWs Over Fire Fears
The South Korean government has said it will ban about 20,000...
Over €81m Worth of Airport Equipment Purchased  Post JCPOA
Iran Airports & Air Navigation Company, an arm of the...

Add new comment

Read our comment policy before posting your viewpoints