Euro, British pound prices fall at Iran’s forex center
Tehran, Iran, Nov. 10
By Milad Fashtami - Trend:
Euro was presented at the price of 33,365 rials at Iran's forex center on Nov. 10, while the British pound was traded at 42,500 rials.
The US dollar was also sold at the price of 26,724 rials.
Euro, British pound and US dollar were traded at the prices of 33,282, 42,417, and 26,725 rials on Sunday.
The US dollar was also sold at the price of 32,250 rials at the free market on Nov. 10, while Euro and British pound were presented at the price of 40,850, and 51,850 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.