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USD sold at 27,042 rials at Iran’s forex center

Business Materials 22 December 2014 13:20 (UTC +04:00)

Tehran, Iran, Dec. 22
By Milad Fashtami - Trend:

USD was sold at the price of 27,042 rials at Iran's forex center on Dec. 22.

Euro was also presented at the price of 33,100 rials, while British pound was traded at 42,297 rials.

Euro, British pound and USD were traded at the prices of 33,128, 42,267, and 27,043 rials on Dec.20.

There were no trades on Dec. 21.

USD was also sold at the price of 35,350 rials at the free market on Dec. 22, while Euro and British pound were presented at the price of 43,500, and 55,000 rials, respectively.

The foreign exchange center was officially inaugurated on September 24, 2012.

The center allows importers of goods including truck tires, construction equipment and synthetic fibers to buy dollars at a rate 2 percent cheaper than the street rate at any given time.

Iran's forex center has the capacity to trade over 100 million dollars each working day, according to the center's spokesman Samad Karimi.

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