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US dollar price rises at Iran's free market

Business Materials 18 November 2014 15:46 (UTC +04:00)

Tehran, Iran, Nov. 18

By Milad Fashtami - Trend:

U.S. dollar was sold at the price of 32,510 rials at the free market on November 18.

Euro and British pound were also presented at the prices of 40,850 and 51,100 rials.

U.S. dollar, euro, and British pound were traded at the prices of 32,470, 40,800, and 51,100 rials, respectively, 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.

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