US dollar falls, euro rises in Iran’s free market
Baku, Azerbaijan, Jan. 7
By Fatih Karimov - Trend:
The US dollar fell, euro rose, and pound remained unchanged in Iran's free market on Jan. 7.
US dollar was sold at 35,200 rials, a 10-rial fall compared to Jan. 6, Iran's Fars news agency reported on Jan. 7.
Euro was sold at 42,230 rials, a 30-rial rise, while pound remained unchanged at 53,600 rials.
Meanwhile, the Central Bank of Iran has put official rates of US dollar, euro, and pound at 27,263 rials, 32,376 rials, and 32,376 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.