Currencies, Gold Rise Slightly

EghtesadOnline: Foreign exchange rates and gold coin prices started rising on Monday, mostly under the influence of political developments, such as the recent partial release of Iran's frozen assets in South Korea.

News ID: ۷۸۶۱۴۱

02 March 2021

The US dollar gained 1.06% to finish Monday trade at 254,500 rials in Tehran's open market. The currency had lost 1.47% of its value on Sunday.

The price of dollar in the Central Bank of Iran's regulated market reached 246,980 rials, up 0.97%. The greenback had made a 2.18% decline during the Sunday trade.

Iran’s regulated market is a network of banks and certified moneychangers that operate under the CBI auspices.

Euro was priced at 305,610 rials during the day, up 0.46% or 1,420 rials. The European currency had lost 1.47% of its value on Sunday.

Emirati dirham, one of the most influential currencies in Tehran, also finished Monday 0.99% higher, being sold at 70,500 rials.

Turkish lira posted a 3.41% increase during the day, being priced at 35,100 rials on Monday's close.

Gold coins, mostly impacted by foreign exchange rates, experienced jumps in prices on Monday. Emami gold coin gained 0.89% or 1 million rials to finish the day at 111.5 million rials.

Half Bahar Azadi gold coin was traded at 64 million rials, up 1.56% compared with Sunday's close.