published by: Admin
Forex Rates Close Higher
Major currencies rallied sharply in the early hours on Tuesday in Tehran but pared some of the gains in the middle of the day.
The dollar crossed above 278,500 rials in the open market before retreating to 277,300 rials, closing 1% or 2,700 rials higher compared to Monday.
Likewise the euro gained 1.5% or 4,670 rials to buy 325,600 rials and the UK pound sterling closed 1.6% or 6,100 rials higher at 380,840 rials. The UAE dirham paused shedding more than 0.3% to finish at 75,150 rials.
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