BAKU – The Central Bank of Iran (CBI) has released its official foreign currency exchange rates for September 8, Trend reports. The rates show that the prices of 27 currencies have increased, while 16 have decreased compared to the previous day.
According to Trend News Agency, while one euro is valued at 469,894 rials. The SANA system, used for currency exchange offices, lists the price of $1 at 493,482 rials and one euro at 547,123 rials. Under the NIMA scheme, which manages a portion of foreign exchange earned from exports, the price of $1 is 456,928 rials, while one euro is 506,596 rials.
In the black market, $1 is trading between 589,000 and 592,000 rials, with the euro ranging between 654,000 and 657,000 rials.