20 Jul 2024
Thursday 25 October 2012 - 15:49
Story Code : 8682

Inflation in Iran's market of coin and dollar turns down

Inflation in Iran
Inflation in Iran's market of coin and dollar turned down, with the prices of gold, coin, and foreign currency dropped 4 to 7 percent in the recent week.

As the coins and currency market participants said, the trend of falling prices has continued to the last days of this week.

Compared to the last Wednesday, the price of gold coin has been fell more than 200.000 toman, Mehr reported two days ago.

Since Iran's foreign exchange transaction center has regularly distributed dollar at the market, the price of dollar decreases.

It seems that government didn't distribute the foreign currency at the market since it intended thatpeople buy expensive dollar; now that the dollar's price rises, dollar is distributed by that Forex center.

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