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Forex rates declines on Iran’s free market

Business Materials 10 December 2011 16:44 (UTC +04:00)

Azerbaijan, Baku, Dec. 10 / Trend F.Milad/

One dollar was sold at 13,450 rials at Iran's free market on Saturday, while the Central Bank has announced the official price at 10,940 rials, Mehr news agency reported.

Euro and pound were also sold at 18,400 rials and 11,700 rials, respectively at the free market. Dollar and euro were sold at 13,560 rials and 18,480 rials Saturday last week.

The Iranian Central Bank has taken a policy toward offering foreign currencies at single rates at the market.

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