Azerbaijan, Baku, May 11/ Trend F.Milad/
The Central Bank of Iran's governor has made a U-turn on his comments, saying that the central bank is after stabilising forex prices.
ISNA News Agency quoted Mahmoud Bahmani as saying that the advance sale of gold coins has nearly stabilised the foreign exchange market and that the central bank plans to stabilise the forex prices.
This is while Bahmani had said on April 29 that there is no possibility to stabilise the forex prices because they are determined by being based on supply and demand.
The prices of U.S. dollar and Azadi gold coins continued to fall on Wednesday as each U.S. dollar and gold coin was traded at 16,500 rials and 6.35 million rials in the free market. Each Azadi gold coin was sold at 6.46 million rials on Tuesday.
Each euro and each pound was also traded at 21,650 rials and 27,300 rials respectively.