73667
USD Hits Eight-Month High
Economy, Business And Markets

USD Hits Eight-Month High

The US dollar gained against the rial on Thursday to reach its highest value in Tehran’s foreign exchange market in eight months.
According to Tehran Gold and Jewelry Union’s website, the rial was quoted at 39,480 to the dollar in the open forex market on Thursday’s close, marking an increase of 110 rials compared to Wednesday. This is while USD’s official rate also went up by 60 rials to reach 34,002 rials.
Euro, another high demand currency in Tehran’s market, gained 330 rials in two days. The rial was quoted at 47,150 to the euro on Thursday. The official rate of the European currency also gained 50 rials on Thursday and stood at 39,980 rials.
Bahar Azadi gold coin changed hands for 12,130,000 rials ($307) in Tehran’s market on Thursday, up by 10,000 compared with Wednesday’s close, but the other benchmark coin, Emami, lost 10,000 rials and sold for 12,530,000 rials ($317.2).       

 

Short URL : https://goo.gl/7R1Ku6
  1. https://goo.gl/Gt1PFC
  • https://goo.gl/qzqevQ
  • https://goo.gl/UuAzmL
  • https://goo.gl/UjVc2o
  • https://goo.gl/415utt

You can also read ...

IMF Pledges Continued Work With Central Bank of Iran
More than a week after US Treasury Department blacklisted...
Billet Export Prices Increase
Iranian export steel billet prices picked up in the week ended...
The Sartak-Pishta border gate between the Kurdistan Regional...
More Grain Shipments to Iran
For transport and logistics industry experts, spring is always...
Foiling US Sanctions on Iran: The EU Blocking Regulation
The EU has announced its intention to protect European...
The GDPR clarifies and strengthens existing individual privacy rights.
New European privacy regulations that were to go into effect...
Majlis Forex Options Still on Agenda
Chairman of Majlis Economic Commission said on Tuesday a...
Flooding Inflicts Heavy Damage on Roads
Recent heavy rainfall and flooding in Iran have inflicted...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus