Central Bank of Iran: travelers to get foreign currency at airport

Business Materials 29 January 2012 12:32 (UTC +04:00)

Azerbaijan, Baku, Jan. 29 /Trend M. Moezzi/

The Central Bank of Iran (CBI) announced that foreign currency will be sold to travelers at the country's international airports.

According to the statement, travelers going abroad through the Imam Khomeini Airport will be able to get the money they need after going through the departure gate and passport control.

By the end of this week, the same measures will be put into place at the country's international airports in the cities of Isfahan, Shiraz, Tabriz, Mashad, Bandar Abbas and at other departure points.

Yesterday, the CBI announced a single rate for the dollar, 12,260 rials.

The measure is designed to stabilize Iran's foreign currency markets which had seen wild fluctuations in the past few weeks.

The CBI has warned currency traders against sales that use a rate higher than what the bank has set.