Economy, Business And Markets

USD at 41,000 Rials

USD at  41,000 Rials USD at  41,000 Rials

After the US dollar’s recent bull run that pushed the value of greenback to its months-high record in Tehran’s open forex market on Monday, the American currency seems to be having more steady days. According to Tehran Gold and Jewelry Union’s website, USD changed hands for 41,000 rials on Thursday in the open market to mark a slight drop of 10 rials compared to Wednesday’s close. This is while the rial was quoted at 41,360 to the dollar in Tehran’s open currency market on Monday, which is close to the highest registered value of USD against the Iranian currency. This is while on Thursday, the official USD rate also witnessed a drop of 30 rials as the Central Bank of Iran, which is responsible for setting the official rates of foreign currencies, puts its value at 35,237 rials. 

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