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 Iran's central set a fixed exchange rate of the dollar

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PostSubject: Iran's central set a fixed exchange rate of the dollar    Sat Jan 28, 2012 10:40 am

Iran's central set a fixed exchange rate of the dollar

28/01/2012


Tehran - A. P. B
decided to Iran's central bank to determine the rate constant and only the exchange rate of the dollar after weeks of hardship cash witnessed the collapse of the riyal's exchange rate in the parallel market currency, according to Iranian media.
said Mahmoud Bahmani told state television "from the beginning of this week , there will be a fixed rate and only the dollar exchange rate will be determined to 12,260 riyals. "

said Bahmani that "this rate will be in effect for all transfers and imports are allowed, as well as for students or traveling overseas as well."
There was Madlan two official exchange rate of the dollar until recent weeks in the Iran: the rate of bank constant of 11,300 riyals to the dollar is dedicated to government operations and imports officially sanctioned, and the rate of "parallel" to higher and fluctuates according to supply and demand can be for companies and individuals adopted in the purchase of currency in exchange offices recognized.

and the high exchange rate Aldlor in the parallel market where most of the 13500 Real to more than 18 thousand in mid-January, which prompted the government to impose a fixed exchange rate than 14,000 riyals in mid-January while retaining at the same time at the official rate of 11,300 rials per dollar.

http://www.alsabaah.com/ArticleShow.aspx?ID=20708
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1alaskan
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PostSubject: Re: Iran's central set a fixed exchange rate of the dollar    Sat Jan 28, 2012 10:43 am

It had been dropping since about the last week in DEC, Maybe if the boys in Tehran would stop playng games with the world, this would not have been necessary!

*****************
Being defeated is often a temporary condition. Giving up is what makes it permanent.
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Yesterday would have been better, but today is a good day

Remember as always, JMHO
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PostSubject: Re: Iran's central set a fixed exchange rate of the dollar    Sat Jan 28, 2012 11:14 am

wander if i should buy some of those ..and really burn a hole in my stomach...
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