Iran’s Central Bank decreases US dollar official rate
Baku, Azerbaijan, Dec. 17
By Fatih Karimov - Trend: The Central Bank of Iran decreased the US dollar official exchange rate one rial today to 26,974 rials compared to the day before.
Euro was priced at 33,683 rials, an 80-rial rise compared to the day before, Iran's Fars news agency reported Dec. 17.
Pound was also priced at 42,935 rials, a 173-rial rise compared to Dec. 16.
Meanwhile, US dollar, euro, and pound were sold at 35,150 rials, 44,000 rials, and 55,000 rials, respectively, in Iran's free market on Dec. 17.
During ex-President Mahmoud Ahmadinejad's second term, Iran's rial lost its value by about four times.
Each USD was sold at 9,830 rials in 2009, but the figure reached 36,000 in mid-2013, when Hassan Rouhani replaced Ahmadinejad.
Edited by CN