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USD exchange rate remains stable in Iran

Business Materials 31 July 2011 14:17
The USD exchange rate announced by Central of Bank Iran remained stable Sunday to 10,542 rials while the price of gold increased, IRNA reported.
USD exchange rate remains stable in Iran

Azerbaijan, Baku, July 31 /Trend/

The USD exchange rate announced by Central of Bank Iran remained stable Sunday to 10,542 rials while the price of gold increased, IRNA reported.

The official price of USD exchange rate on Sunday remained 10,542 rials while it traded 11,280 rials in independent foreign exchange market.

The rate of Euro also remained stable 15,175 rials while it traded 16,380 rials in independent foreign exchange market.

The price of gold coin increased by 20,800 rials to 4.284 million rials (about $390).

Bahar-e Azadi Coin is an Iranian gold coin minted by the Central Bank of Iran (CBI).

The Central Bank of Iran started to reduce USD prices to maintain the prices however the gap between independent foreign exchange market and official USD rate increased.

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