Police arrest 90 amid rising foreign currencies in Iran

Politics Materials 14 February 2018 14:42 (UTC +04:00)

Baku, Azerbaijan, Feb. 14

By Khalid Kazimov – Trend:

Iranian police in collaboration with the experts of the Central Bank of Iran have arrested 90 currency dealers amid growing currency prices.

Tehran Police Chief Brigadier General Hossein Rahimi has said that at least 10 currency exchange shops have been sealed, Tasnim news agency reported.

According to the country’s real-time data sharing system, SANA, euro valued 59,860 rials in the free market on Tuesday, adding 1.43 percent. The Central Bank of Iran (CBI) put the official rate of euro at 45,539 rials.

The USD was quoted at 48,537 rials in the free market gaining 2.56 percent compared to the preceding day. The CBI put the official rate for the greenback at 37,019 rials.

In the meantime, gold coin was traded in Iran at 15,965,000 rials (about $328.9 at the free market rates) on Feb. 13, indicating a rise of 1.4 percent compared to the preceding day.

According to data on the website of the Tehran Gold and Jewelry Union, one gram of the 18-karat gold was priced at 1,538,950 rials (about $31.7), growing by 0.69 percent compared to the preceding day.