Gold price continue rise at Iran's free market
Azerbaijan, Baku, Jan.11/ Trend F.Milad
Each Azadi gold coin was sold at the price of 12.97 million rials at the free market on Friday.
It is while the price of gold coin stood at 12.95 million rials at Iran's free market on Thursday.
Euro was also sold at 42,900 rials at Iran's free market on Friday, while US dollar was presented at 32,950 rials.
US Dollar and euro were traded at the prices of 32,850 and 42,950, respectively on Thursday.
The government has set the 28,500 rials price for the free market but the brokers refuse to trade dollar at the mentioned price.
Dollar price had reached 40,000 rials in October but by inauguration of the foreign exchange center the prices fell to 27,000 rials.
Critics believe that Iranian government is not controlling the price of dollar at the free market on purpose.
They claim that the government wants to take advantage of selling dollar at the free market in order to compensate its lack of budget.
The new foreign exchange center was officially inaugurated on September 24. Some 10,175 applications have been registered at the center so far.