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British pound sold at 38,045 rials at Iran’s forex center

Business Materials 6 August 2013 12:36 (UTC +04:00)

Azerbaijan, Baku, Aug.6/ Trend R.Zamanov

British pound was traded at 38,045 rials at Iran's forex center on Tuesday.

Respectively, the U.S. dollar and Euro were traded at 24,792 and 32,876 rials, the IRNA News Agency reported.

Euro, British pound and US dollar were traded at the prices of 32,909, 37,858, and 24,789 rials on Monday.

The foreign exchange center of Iran was officially inaugurated on September 24, 2012.

The latest reports released by the Central Bank of Iran shows that 20,245 applications have been registered at Iran's Foreign Exchange Center from the beginning of the current Iranian calendar year (March 21) until June 13.

The center allows importers of goods including truck tires, construction equipment and synthetic fibers to buy dollars at a rate 2 percent cheaper than the street rate at any given time.

According to the center's spokesman Samad Karimi, Iran's forex center has the capacity to trade over 100 million dollars each working day.

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