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Iran aided by maintaining low dollar value

Iran Materials 7 February 2012 16:51 (UTC +04:00)

Azerbaijan, Baku, Feb. 7/ Trend M. Moezzi

Maintaining the dollar's official rate at 12,260 rials will help the Iranian economy and safeguard the rial's value, the Iranian Students News Agency (ISNA) quotes the Iraniain economy minister as saying.

Setting a single rate for the dollar will help calm Iranian markets, Seyed Shamseddin Hosseini.

The minister said it is unlikely that parliament would have time to consider a plan for dropping four zeros from the national currency.

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