78452
Currency Market Monthly Snapshot
Currency Market Monthly Snapshot

Currency Market Monthly Snapshot

Currency Market Monthly Snapshot

As the Iranian month of Azar ended on Dec. 21, the currency market drew the curtain on one of its most eventful months of the year. During the month–a time when most foreign exchange settlements of the country take place ahead of January– the rial fell to its lowest against the US dollar each one of which was quoted at 42,000. The American currency gained 2% against the rial during the month, an analysis by Tasnim News Agency shows.  On the other hand, the official exchange rate of the US dollar–set by the Central Bank of Iran– grew by 1.73 % during the month, being fixed at 35,859 rials by Dec. 21 up from 35,238 at the beginning of the month. Euro, another widely-traded currency in Tehran’s market, registered a growth of 2.7 %. Its exchange rate at the beginning of the month stood at 41,375 but ended up at 42,551 on Thursday.

 

Short URL : https://goo.gl/KFf371
  1. https://goo.gl/J6DVJ2
  • https://goo.gl/H5tgRD
  • https://goo.gl/h8U48X
  • https://goo.gl/gVQ4f5
  • https://goo.gl/pLgjxP

You can also read ...

BMW’s Tech-Stuffed Concept SUV Heralds Fancy, Electric Future
Changing notions of what customers want from cars have pushed...
Tesla Hits New Speed Bump
Tesla Inc’s Chief Executive Officer Elon Musk on Sunday...
Oil & Gas Sector Most Conducive for Business
The research arm of Iran’s Parliament has conducted a first-of...
3 CBI Officials  to Leave
Following the recent passage of the law banning the employment...
CBA Concerned About Forex Outflow to Iran
The Central Bank of Afghanistan raised concerns about the...
Anzali Port to Be Connected to National Railroad
Anzali Port in the northern Gilan Province will be connected,...
Mineral Trade Surplus Hits $2.9b
Iran exported more than 25.47 million tons of mineral products...
Departure Tax Revenues  Up 117 Percent
The government earned 3 trillion rials ($24 million) from...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus