BAKU: The Central Bank of Iran (CBI) posted an official foreign currency rate on April 3, Trend reports.

Based on the bank’s currency exchange rate, 23 currency prices grew while 15 fell from April 2.

As for CBI, $1 equals 42,000 Iranian rials, and 1 euro equals 45,229 rials. On April 2, one euro was 45,079 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 468,041 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 436,599 rials, and the price of $1 was 405,429 rials.

On the black market, $1 is worth about 628,000-631,000 rials, while one euro is about 676,000-679,000 rials.

Source: Trend News Agency