US Dollar Bullish Again
US Dollar Bullish Again

US Dollar Bullish Again

US Dollar Bullish Again

The US dollar gained against the rial on Wednesday to reach its highest value in Tehran’s foreign exchange market in almost a year. According to Tehran Gold and Jewelry Union’s website, the rial was quoted at 41,430 to the dollar in Tehran’s open currency market, weakening by 160 rials compared to Tuesday’s close. Rial, however, gained a bit late in the day. The rate is short of the highest reported value of the American currency against the rial in Iranian markets, which in late December 2016 reached 41,500 in a sign of concern about the country’s ability to attract foreign money after US President Donald Trump took office. Euro, the other high-demand currency, registered a 290-rial growth compared with Tuesday’s close and changed hands for 49,970 rials.


Short URL : https://goo.gl/xYWizq
  1. https://goo.gl/UHhGCZ
  • https://goo.gl/9KjL79
  • https://goo.gl/Dkc9hf
  • https://goo.gl/q7veVv
  • https://goo.gl/Nvjyiz

You can also read ...

Swiss Firms Preparing to Quit Iranian  Market Over US Sanctions Risks
Several Swiss newspapers on Sunday reported that Swiss firms...
EU Rushes to Protect Economic Interests in Iran
With a reputation of a slow-working institution that only gets...
Chabahar’s Shahid Beheshti Port: Cheapest Business Option in Region
With new moderated prices for services offered at Chabahar’s...
German Companies Cannot Be  “Totally Shielded” From US Iran Move
The German government will help German firms with business in...
New Report Reveals Banks’ NPL Ratio Gap
A senior member of Majlis Article 90 Commission presented the...
Tehran Startup  Studio Launched
The University of Tehran and the Noor Credit Institution have...
Tehran Stocks Unshaken by US Nuclear Deal Pullout
Iran nuclear deal seems to be on life-support these days, as...
Google Stands to Lose Up to $4.3b in UK Privacy Suit
Google appeared in a UK court on Monday to argue against a...

Add new comment

Read our comment policy before posting your viewpoints