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Forex, gold move higher in Tehran

6 Sep 2020 - 18:08


Financial Tribune - After a brief halt on Thursday, forex rates resumed rally at the start of the trading week on Saturday with the dollar gaining more than 5,000 rials in Tehran�s open market.

The greenback surged to 247,000 rials -- up more than 2% compared to 242,000 rials a session earlier.

Other currencies were soon to follow. The euro climbed 1.7% and was worth 292,000 rials. The British pound sterling surged to 327,700 rials and the UAE dirham bought 67,150 rials, up 1.3%.

Foreign currencies paused briefly on Thursday after the Governor of the Central Bank of Iran Abdolnasser Hemmati said hard currency would be injected into the market.


Story Code: 383061

News Link :
https://www.theiranproject.com/en/news/383061/forex-gold-move-higher-in-tehran

The Iran Project
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