Gold price continue to rise at Iran's free market
Azerbaijan, Baku, Jan.15/ Trend F.Milad /
Each Azadi gold coin was sold at the price of 13.10 million rials at the free market on Tuesday.
It is while the price of gold coin stood at 13.05 million rials at Iran's free market on Monday.
Euro was also sold at 43,900 rials at Iran's free market on Tuesday, while US dollar was presented at 33,000 rials.
US Dollar and euro were traded at the prices of 32,900 and 44,000, respectively on Monday.
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 government maintains an official reference rate of 12,260 rials to the dollar, but only a limited amount of foreign exchange is available at this rate.