Iran Central Bank on Thursday (January 26) announced that the Iranian Rial devaluation of 8.5%, said it would implement a single currency, to combat illegal trade. Europe and the United States to impose new sanctions on Iran measures, the market worries about the rise of the Rial, resulting in the black market dollar price rose.
Iran’s central bank governor Mahmoud Bahmani said in a speech: “I declare, Rial against the U.S. dollar exchange rate of 12,260:1. The new rates from Saturday (January 28) come into effect, all banking transactions will be Under the new rate settlement. “
site is currently the central bank reference rate published by the level of 12,296:1.
Although the official exchange rate Rial
down, but still well below the new exchange rate and foreign exchange swap transaction price point.
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