USD rate jumps in Iran again

Iran Materials 25 December 2011 15:05 (UTC +04:00)

Azerbaijan, Baku, Dec. 25 / Trend D.Khatinoglu/

Each US dollar was sold at 14,650 rials in Iranian free market on Saturday, showing 400 rials rise compared to the day before, Mehr news agency reported.

The Iranian Central Bank sells dollar at 11,100 rials at its branches nationwide.

Each USD was 10,600 rials last year and USD rate has increased by up to 50 percent since the beginning of current year.