Azerbaijan, Baku, May 26/ Trend F.Milad/
U.S. dollar was sold at 17,900 rials in Iran's unofficial market on Saturday, head of the Gold and Jewelry Union Mohammad Kashti-Aray said, adding that each piece of gold coin was traded at 6.75 million rials.
Mohammad Kashti-Aray told Mehr News Agency that the prices of pound and euro hit 27,800 rials and 22,420 rials, respectively.
Each dollar in the black market on Thursday was traded between 17,500-17,700 rials.
That's why, the price of dollar on Wednesday was under 17,000 rials.
The official rate for one dollar is 12,260 rials.
Probably the rise in gold coin and dollar prices was caused by nuclear negotiations between Iran and the 5+1 group (the five permanent members of the UN Security Council and Germany) in Baghdad which at first did not show signs of progress.
However, late on Thursday Iran and the 5+1 group agreed to resume talks on June 18 in Moscow to 'expand the common ground' for cooperation, which may calm the market.