ZA:U.S. dollar price falls to 33,000 rials in Iran free market
U.S. dollar was sold at below 33,000 rials in Iran's free market on Sunday, a sharp decline compared to prices last week, the Mehr News Agency reported.
Euro and pound were also traded at 43,000 rials and 53,000 rials respectively.
Iran inaugurated its foreign exchange center officially on September 24.
The new center allows importers of goods including truck tires, construction equipment and synthetic fibers to buy dollars at a rate 2 percent cheaper than the street rate at any given time.
However, the government maintains an official reference rate of 12,260 rials to the dollar.
