published by: Admin
Currency, Gold Prices Jump
Building on last week’s gains, foreign exchange rates rallied in Tehran at the start of the business week on Saturday pushing up prices in the domestic bullion market.
The dollar briefly touched the critical 260,000-rial level in the middle of the day in the open market before retreating. It closed at 259,800 rials, rising more than 2.6% or 6,900 rials.
Following the upsurge in the open market, the greenback jumped to 253,100 rials at the Melli Exchange, the state-run moneychanger affiliated to Bank Melli Iran. The price was 3% higher on the earlier session.
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