Tehran, Iran, Sept. 9
By Milad Fashtami - Trend:
Each Bahar-e Azadi gold coin was sold at the price of 9.417 million rials at Iran's free market on September 9.
Each Bahar-e Azadi gold coin was presented at the price of 9.431 million rials on Monday, Iran's ISNA News Agency reported on September 9.
Bahar-e Azadi Coin is an Iranian limited circulation minted gold coin offered by the Central Bank of Iran (CBI).
A U.S. dollar was also sold at the price of 31,900 rials at the free market on September 9, while Euro was presented at the price of 41,550 rials.
U.S. dollar and euro were traded at the prices of 31,730 and 41,500 rials on Monday.
Iran's national currency, the rial, lost about 50 percent of its foreign exchange value in less than a week in October 2012, standing at 35,500 versus the dollar. It was close to 10,000 in early 2011.
The government has set the 28,500 rials price for the free market but the brokers refuse to trade dollar at the mentioned price.