3 Apr 2025
Wednesday 2 September 2020 - 15:53
Story Code : 382804

Dollar rallies above 240,000 rials

Financial Tribune - Major currencies resumed their climb versus the rial from Monday with the dollar rising more than 10,000 rials in Tehran�s open market compared to prices quoted Thursday.

The greenback was traded around 233,000 rials in the previous trading week before soaring to 238,000 rials on Monday as markets reopened after 2 days of religious holidays.

It gained momentum on Tuesday to reach 243,000 rials, up more than 3.5% compared to Thursday�s close.

Other currencies, namely the euro and the British pound sterling, also gained for the day, with the former rising by 2.5% to reach 290,000 rials and the latter traded close to 326,000 rials.
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