Tehran, Iran, Aug. 17
By Milad Fashtami - Trend:
Each Bahar-e Azadi gold coin was sold at the price of 9.48 million rials at Iran's free market on August 17.
Each Bahar-e Azadi gold coin was presented at the price of 9.50 million rials on Saturday, Iran's IRNA News Agency reported on August 17.
Bahar-e Azadi Coin is an Iranian limited circulation minted gold coin offered by the Central Bank of Iran (CBI).
U.S. dollar was also sold at the price of 31,050 rials at the free market on August 17, while Euro was presented at the price of 41,650 rials.
U.S. dollar and euro were traded at the prices of on 31,200 and 41,800 rials on Saturday.
Iran's national currency, the rial, lost about 50 percent of its foreign exchange value in less than a week in October 2012, standing at 35,500 versus the dollar. It was close to 10,000 in early 2011.