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Gold price increases in Iran

Business Materials 20 July 2011 17:32 (UTC +04:00)

Azerbaijan, Baku, July 20 /Trend/

The Central Bank of Iran increased the price of the gold Bahar-e Azadi coin today to 4.316 million rials (about $390).
The coin traded at 4.350 million rials on the independent foreign exchange market.
Although the price of gold fell on the global market, the prices increased in Iran.
The coin is minted by the Central Bank of Iran. The USD exchange rate remained unchanged in official market and traded 10,540 rials however the USD rate in independent foreign exchange market increased to 11,640 rials.
The Central Bank of Iran increased the official price of Euro to 14,920 rials while it increased by100 rials in independent foreign exchange market to 16,520 rials.

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