Iran: Dollar Falters, Gold Loses Luster
Foreign exchange rates and gold prices declined again on Tuesday following renewed intervention by the Central Bank of Iran.
The US dollar lost 12% to fetch 277,000 rials in the open market. Bank-affiliated moneychangers pulled the dollar to as low…
Foreign exchange rates and gold prices declined again on Tuesday following renewed intervention by the Central Bank of Iran.
The US dollar lost 12% to fetch 277,000 rials in the open market. Bank-affiliated moneychangers pulled the dollar to as low as 266,510 rials earlier on the day, but later...