USD, euro and pound unchanged at Tehran Forex Center
Azerbaijan, Baku, Aug.18 / Trend F.Karimov/
U.S. dollar, euro and British pound remained unchanged against Iranian rial today at the Tehran Forex Center compared to Saturday, IRNA reported.
U.S. dollar was sold at the price of 24,794 rials at the Forex Center. Euro was also presented at the price of 33,044 rials, and British pound was traded at 38,732 rials, showing no change compared to the day before.
Iran's foreign exchange center was officially inaugurated on September 24, 2012.
The rial is currently trading for about 32,000 to the dollar in the open market.
On July 6, the central bank of Iran on its website listed the price of a dollar at 24,779 rials. That rate replaced the previous official "reference" rate of 12,260 rials to the dollar.
Since January 2012, the Iranian government had maintained a subsidized rate of 12,260 rials to the dollar, meant to be used for importing the most vital goods such as food and medicine.
Iranian new president Hassan Rohani, who succeeded former President Mahmoud Ahmadinejad, has said he seeks to revive Iran's economy by improving relations with the world and seeking relief from economic and financial sanctions.