Title: Market Dynamics: A Snapshot of Key Foreign Exchange Rates in Iran
Tehran – The foreign exchange market on the thirteenth day of the Iranian month of Aban witnessed notable activity, with the US dollar breaking a significant psychological barrier and registering a notable increase over a two-day period.
Key Dollar Rates Show Upward Trend
According to reports from the analytical news base Che Khabar, the market experienced fluctuations, with the US dollar surpassing the 110,000 Rial mark. The exchange rate for US dollar banknotes was reported at 72,656 Rials. The official transfer rate for the US dollar at the central exchange center was set at 70,539 Rials. This upward movement resulted in a cumulative increase of approximately 5,000 Rials over two trading days.
European Currencies Follow Suit
The Euro also saw an increase in its value. The official banknote rate for the Euro at the exchange center was reported at 84,230 Rials, while the Euro transfer rate was listed at 81,776 Rials. In the open market, the Euro’s value rose by approximately 3,000 Rials, reaching a trading price of 130,500 Rials per unit.
Regional and Other Major Currencies
The UAE Dirham showed modest gains. The official banknote rate was set at 19,207 Rials, with its transfer rate at 19,145 Rials. In the open market, the Dirham was traded at 30,663 Rials.
Among other major currencies, the British Pound in the open market increased by 3,000 Rials, reaching a price of 147,820 Rials. The Turkish Lira was traded at 2,670 Rials.
These figures reflect the ongoing dynamics within the framework of Iran’s regulated exchange market system.