USD sold at 24,792 rials at Iran’s forex center
Baku, Azerbaijan, Jan. 5
By Rahim Zamanov - Trend:
US dollar was sold at the price of 24,792 rials at Iran's forex center on Sunday, the IRNA News Agency reported on January 5.
Euro was also presented at the price of 33,690 rials, while British pound was traded at 40,695 rials.
Euro, British pound and US dollar were traded at the same prices on Saturday.
US dollar was also sold at the price of 29,890 rials at the free market on Sunday, while Euro and British pound were presented at the price of 41,020, and 48,550 rials, respectively.
The foreign exchange center was officially inaugurated on September 24, 2012.
The latest report 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.