Euro Bull Run Continues
Euro Bull Run Continues

Euro Bull Run Continues

Euro Bull Run Continues

Euro kept gaining against rial in Tehran’s forex market on Tuesday to continue its bull run that started about eight days ago.  According to Tehran Gold and Jewelry Union’s website, the European currency changed hands for 47,460 rials in Tehran’s market on Monday, marking an increase of 1.39% or 650 rials compared to Monday’s close. This is the highest value of euro in Iran’s market since June 11, 2013. On August 21, the euro was traded for 45,360 rials in Tehran’s market, which shows that it has gained more than 2,100 rials during the recent rally. This is while the US dollar, the most widely traded currency in the Iranian market, also gained against rial on Tuesday. The greenback changed hands for 38,630 rials, indicating a 50-rial growth compared to Monday’s close.

Short URL : https://goo.gl/CYTuLa
  1. https://goo.gl/ck4wKw
  • https://goo.gl/MESeUe
  • https://goo.gl/n2H5QY
  • https://goo.gl/GnxM7x
  • https://goo.gl/GMMZri

You can also read ...

An Iraqi peddler displays Iranian currency for sale in the capital Baghdad on Aug. 9.
Iraqi Prime Minister Haider al-Abadi has raised the level of...
Turkey to Defy US Sanctions, Maintain Trade Ties With Iran
Turkey intends to defy US President Donald Trump and continue...
Google Rolls Back Android Messages to Old Design
On Thursday, it looked as though Google was starting to roll...
Private Housing Investments Rise
The uptrend in private sector investments in the housing...
TEDPIX Trading Tops 134,000
Tehran Stock Exchange’s main index gained 2,818.97 points or 2...
CBI Delivering 2.5m Presold Gold Coins
The Central Bank of Iran has started the delivery of 2.5...
New Foreign Exchange Policy:  Exporters’ Savior or Bane?
The new forex policy, announced last week by the Central Bank...
4% Decline in Last Year’s Red Meat Production
A total of 429,000 tons of red meat were produced in Iran’s...

Add new comment

Read our comment policy before posting your viewpoints