USD, Euro prices rise at Iran’s Forex center
Baku, Azerbaijan, March 17
By Rahim Zamanov - Trend:
US dollar was sold at the price of 25,027 rials at Iran's Forex center on March 17, Iran's IRNA News Agency reported.
The euro was also presented at the price of 34,799 rials, while the British pound was traded at 41,630 rials.
The euro, British pound and U.S. dollar were traded at the prices of 34,784, 41,694 and 25,008 rials on Sunday.
The U.S. dollar was also sold at the price of 30,005 rials at the free market on March 17, while the euro and British pound were presented at the price of 41,850, and 50,000 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.
Edited by C.N.