BAKU: The Central Bank of Iran (CBI) posted an official foreign currency rate on April 2, Trend reports.

Based on the bank’s currency exchange rate, 13 currency prices grew while 25 fell from March 30.

According to CBI, $1 equals 42,000 Iranian rials, and 1 euro equals 45,079 rials. On March 30, one euro was 45,321 rials.

In Iran, the official exchange rate is used for the import of some essential products.

The CBI established the SANA system, which values one euro at 466,488 rials and $1 at 434,626 rials.

NIMA is a scheme for selling a percentage of the foreign money earned from exports.

The price of one euro in this system amounted to 435,151 rials, and the price of $1 was 405,429 rials.

On the black market, $1 is worth about 621,000-624,000 rials, while one euro is about 666,000-669,000 rials.

Source: Trend News Agency