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The USD exchange rate increases in Tehran

Business Materials 23 July 2011 21:16

Azerbaijan, Baku, July 23 /Trend/

The USD exchange rate increased to 11,400 rials in Tehran independent foreign exchange market while the Central Bank of Iran's official price reduced to 10,540 rials Saturday, Fars News Agency reported.

Euro traded 16,500 rials in independent foreign exchange market while the official price was 15,130 rials.

Cut of foreign currency supply have recently resulted in increase of dollar rate and gold coin prices in the market however the Central Bank of Iran started to reduce USD prices to maintain the gap.

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