Azerbaijan, Baku, Apr.16/ Trend F.Milad
The euro was sold at the price of 32,602 rials at Iran's Forex centre on Wednesday.
The US dollar was also presented at the price of 24,746 rials, while the British pound was traded at 37,994 rials, the IRNA News Agency reported.
Euros, British pounds and US dollars were traded at the prices of 32,271, 37,811, and 24,743 rials respectively on Tuesday.
The new foreign exchange centre was officially inaugurated on September 24. Some 21,013 applications worth 7.5 billion dollars have been registered at the centre up till February 28.
The new centre allows importers of goods including truck tyres, construction equipment and synthetic fibres to buy dollars at a two per cent rate cheaper than the street rate at any given time.
According to the centre's spokesman Samad Karimi, Iran's Forex centre has the capacity to trade over 100 million dollars each working day.
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.
The Iranian government plans to use revenues from petrochemical sales and 14.5 per cent of its oil revenues to provide dollars for the centre, central bank governor Mahmoud Bahmani said in September, 2012. He did not give an absolute figure for the amount of dollars to be supplied.
"With the distribution of currency at this centre, the exchange rate in the market will go down because some of the demand (for dollars) will be met at the centre and the pressure of demand will be removed," Bahmani was quoted as saying.
