U.S. dollar surges to 22,300 rials in Iran
zerbaijan, Baku, Aug.7/ Trend F.Milad/
The U.S. dollar rose to 22,300 rials on the Iranian unofficial market on Tuesday, 2,010 rials higher compared to the day before.
Euro and Pound were sold at 27,400 rials and 33,000 rials respectively, compared to 25,000 rials and 31,510 rials on Monday, according to the Mehr News Agency.
Each ounce of gold was priced at $1614 in international markets.
Iran's central bank allowed trading in its currency at market levels after fixing the exchange rate in January as the threat of sanctions over the country's nuclear program and economic risks spurred Iranians to buy up dollars.
The bank on January 26 fixed the rate at 12,260 after the U.S. dollar surged to almost double that level in unofficial currency markets.