US dollar and pound rise, euro falls in Iran
Baku, Azerbaijan, Dec. 27
By Fatih Karimov - Trend: US dollar and pound exchange rates rose, but euro fell in Iran's free market on Dec. 27.
US dollar was sold at 35,450 rials on Dec. 27 compared to 35,400 rials on Dec. 25, Iran's Mehr news agency reported on Dec. 27.
Euro was sold at 43,550 rials compared to 43,620 rials on Dec. 25. Pound was sold at 55,250 rials compared to 55,300 rials on Dec. 25.
Meanwhile, the Central Bank of Iran has put official rates of US dollar, euro, and pound at 27,109 rials, 33,020 rials, and 42,173 rials, respectively.
During ex-President Mahmoud Ahmadinejad's second term, Iran's rial lost its value by about four times.
Each US dollar was sold at 9,830 rials in 2009, but the figure reached 36,000 in mid-2013, when Hassan Rouhani replaced Ahmadinejad.