19 Nov 2024
Tuesday 23 December 2014 - 19:58
Story Code : 9663

Foreign currency rate continues to fall in Iran

Foreign currency rate continues to fall in Iran
Government Spokesman for Economic Affairs has said the Iranian government attempts to establish a single-rate foreign currency system, stressing that foreign exchange rate continues to fall in the country.

Seyed Shamseddin Hosseini, Minister of Economy and Government Spokesman for Economic Affairs also affirmed that establishing a single-rate foreign currency system requires having a well-organized and accurate plan.

Minister of Economy calledIran's foreign exchange transaction center the main reason for falling foreign exchange price, expressing hope that with successful implementation of the policy, a single-rate foreign currency system can be created.

Moreover, Head of Iran's National Union of Gold and Jewelry, Mohammad Keshti Aray said that gold prices in Iran remain stable.

Declining dollar price is the main reason for substantial reduction of gold and coin price in Iran's markets, Keshti Aray added.
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