Azerbaijan, Baku Aug. 29 / Trend, N. Umid, S. Isayev
Fluctuations of foreign currency prices in Iran during the last two days were caused by psychological atmosphere because of possible strike on Syria, former member of Iranian parliament, economist Ali Mazroui told Trend.
USD rate rose sharply at Iran's open markets on August 28 by 2.5 percent compared to previous day. The figure drop partly on August 29.
Each USD was sold at 33,000 rials on Wednesday, while this figure for Tuesday stood at 31,500 rials.
USD being sold in Iran's open market at 32,700 rials, indicates a little drop, but yet above the price of Wednesday.
Other foreign currencies rose in price on August 28 as well. Each pound was sold at 50,400 rials, which shows 2000 rials increase in price, while each euro rose to 43,500 rials, which indicates 1700 rials increase, but all of them dropped in value partly on August 29.
Mazroui says Iranian citizens likely feel the affect of strike over Iranian closest ally Syria on Iran's economy.
According to the expert, forecasting Iran's foreign currency market's situation in future is quite difficult, continuance of USD rate rise may happen in case the war with Syria starts and even expands to regional countries.