Azerbaijan, Baku, July 15/ Trend, R. Zamanov
The US dollar was sold at 24,785 rials at Iran's forex center on Monday.
The Euro was also presented at 32,390 rials, while the British pound was traded at 37,431 rials, the IRNA News Agency reported.
The Euro, British pound and US dollar were traded at 32,355, 37,437, and 24,787 rials respectively on Sunday.
The foreign exchange center was officially inaugurated on September 24, 2012.
The latest reports 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 every working day.
The Iranian government plans to use revenues from petrochemical sales and 14.5 percent of its oil revenues to provide dollars for the center, central bank governor Mahmoud Bahmani said in September, 2012. He did not give an absolute figure on the amount of dollars to be supplied.
"With the distribution of currency in this center, the exchange rate in the market will go down, because some of the demand (for dollars) will be met by it and pressure from demand will be removed," Bahmani was quoted as saying.