BAKU, Azerbaijan, March 10. Overall, $163 million worth of various currencies were sold at the Currency and Gold Exchange Center in Iran under the NIMA exchange rate on March 9, 2024, Trend reports.
Data from Iran’s Central Bank shows that a total of $289 million worth of foreign currency was put up for sale at the center under the NIMA rate on the mentioned day.
The Currency and Gold Exchange Center was launched in Iran on February 21, 2023, in order to prevent the sharp increase in the price of foreign currencies on the black market.
According to the CBI's currency exchange rate, $1 equaled 42,000 Iranian rials and one euro, or 45,948 rials, on March 9. The CBI notes that it is possible to import several products at this exchange rate.
The SANA system is a currency exchange system implemented by the Central Bank of Iran in which the price of one euro is 471,862 rials and the price of one dollar is 431,316 rials.