Foreign currencies recorded gains Tuesday in Tehran’s free market. The dollar shot up 3,600 rials, or 1.54%, to reach 233,000 rials. It had registered meager declines earlier in the week.
The euro remained unchanged and was sold for 272,950 rials. Exchange shops had priced the European currency 0.07% lower on Monday. Marking an increase of 0.86%, the British pound was quoted at 302,600 rials.
The Emirati dirham closed Tuesday trade at 64,200 rials -- 1,600 rials higher than Monday’s close.
The Canadian dollar registered the highest growth among key currencies in Tehran rising 2.2%. Moneychangers sold the currency at 177,500 rials on Tuesday. Turkish lira also gained 1.22% to be priced at 31,800 rials.
However, the dollar and euro remained unchanged at bank-affiliated exchange shops and fetched 223,800 rials and 265,800 rials, respectively.
In the bullion market, the Emami gold coin gained 1.1% and was quoted at 108.7 million rials. It fell 1% on Monday.
Gold held steady in world markets on Tuesday as a softer dollar offset pressure from an equity rally. Spot gold was flat at $1,931.97 per ounce, Reuters reported.
https://financialtribune.com/articles/business-and-markets/105004/forex-and-gold-gain
2020-08-26 03:43:17Z
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