USD sold at 25,008 rials at Iran’s forex center
Baku, Azerbaijan, Feb. Mar. 16
By Rahim Zamanov - Trend:
US dollar was sold at the price of 25,008 rials at Iran's forex center on Mar. 16, Iran's IRNA News Agency reported.
Euro was also presented at the price of 34,784 rials, while British pound was traded at 41,694 rials.
Euro, British pound and US dollar were traded at the same prices on Saturday.
US dollar was also sold at the price of 30,600 rials at the free market on Mar. 16, while Euro and British pound were presented at the price of 42,450, and 50,850 rials, respectively.
The foreign exchange center was officially inaugurated on September 24, 2012.
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.