US dollar price rises at Iran’s forex center
Tehran, Iran, Nov. 22
By Milad Fashtami - Trend:
US dollar was sold at the price of 26,819 rials at Iran's forex center on Nov. 22.
Euro was also presented at the price of 33,228 rials, while British pound was traded at 41,990 rials.
Euro, British pound and US dollar were traded at the prices of 33,609, 42,000, and 26,789 rials, respectively on Nov.20.
US dollar was also sold at the price of 32,500 rials at the free market on Nov. 22, while Euro and British pound were presented at the price of 40,700, and 51,000 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.
Iran's forex center has the capacity to trade over 100 million dollars each working day, according to the center's spokesman Samad Karimi.