USD exchange rate reduces in Iran
Azerbaijan, Baku, August 6 /Trend/
The USD exchange rate reached 11,450 rials in foreign independent exchange market while the Iranian Central of Bank reduced the official price up to 10,563 rials, Mehr News Agency reported.
The euro official rate increased up to 15,850 rials while it was 16,470 rials in foreign independent exchange market.
The price on gold coins remained stable up to 4.388 million rials (about $398).
Bahar-e Azadi Coin is an Iranian gold coin minted by the Iranian Central Bank (CBI).
The Iranian Central Bank started reducing the USD prices to maintain the prices, however the gap between the independent foreign exchange market and official USD rate increased.