Iran's Bahar Azadi gold coin valuation downturns
On July 2, the newly minted Bahar Azadi gold coin from Iran transacted at a valuation of 828 million rials (approximately $1,378), reflecting a decrement from the previous day's figure of 846 million rials. The reduction in pricing transpires in the context of persistent currency volatility subsequent to Iran's transition to a floating exchange rate regime on May 31. Antiquated numismatic items and lower denomination currencies likewise underwent fluctuations in valuation.
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