Azerbaijan, Baku, Apr.8/ Trend F.Milad
Each Bahar-e Azadi gold coin was sold at the price of 14 million rials at Iran's free market on Monday.
Each Bahar-e Azadi gold coin was presented at the price of 13.8 on Sunday.
Bahar-e Azadi Coin is an Iranian limited circulation minted gold coin offered by the Central Bank of Iran (CBI).
US dollar was also sold at the price of 36,000 rials at the free market on Monday, while Euro was presented at the price of 47,300 rials.
Foreign currency exchange rates in Iran soared after the second round of nuclear talks, between Iran and the world six powers in the Kazakh capital, Almaty, ended, with no agreement.
U.S. dollar was traded at 36,500 rials on Sunday at Tehran free market, up 1,500 rials compared to its preceding year.
Euro and pound were also sold at 47,400 rials and 55,700 rials respectively, compared to 46,350 rials and 53,200 rials on Saturday.
Iran's national currency, the rial, lost about 50 percent of its foreign exchange value in less than a week in October 2012, hitting an all-time low of 35,500 versus the dollar. It was close to 10,000 in early 2011.
The government has set the 28,500 rials price for the free market but the ?brokers refuse to trade dollar at the mentioned price.
Critics believe that Iranian government is not controlling the price of dollar at the free market on purpose.
They claim that the government wants to take advantage of selling dollar at the free market in order to compensate its lack of budget.
The government maintains an official reference rate of 12,260 rials to the dollar, but only a limited amount of foreign exchange is available at this rate.
