Tehran, Iran, Oct.7
Trend:
After a week of fluctuation of exchange rates in the free market, and even exchanging a dollar for 100,000 rial, since late last week, it has almost risen to 150,000 rial in Iran, according to a report from the currency market.
But since early morning today, the rate has fallen again. One dollar was exchanged for up to 140,000 rials in central Tehran. Interestingly enough, the number of currency traders in the market decreased compared to last day, which is due to the presence of police in the market.
Iran's Chief of police, general Hossein Ashtari recently announced police presence in market after appealing of judiciary.
He said some of the people involved in the disturbance of the currency market have been identified and arrested by Police since last month. On the other hand, some experts say the news about the central bank's involvement in the market, the adoption of FATF bills in parliament, and the establishment of a channel for financial links between Iran and Europe, and ICJ ruling on Iran vs US case, have created a state of doubt and uncertainty in many brokers and domestic currency holders. Also, the rate of currency types in a currency exchange show different rates, so that the US dollar exchange rate in the range of 130,600 to 130,900 rial.
The rate of currency types based on the bulletin boards of some currency traders at a money exchange market on Ferdowsi street in Tehran in is as follows:
|
Purchase rate-Rial |
Sale rate-Rial |
|
|
Dollar |
134,000 |
135,000 |
|
Euro |
154,000 |
156,000 |
|
CAD |
10,380 |
10,4600 |
|
Pound UK |
175,570 |
177,000 |
|
Lira turkey |
21,900 |
22,050 |
|
Dirham UAE |
35,000 |
36,000 |
|
Yuan China |
19,500 |
19,650 |