Forex Rates Rising in Tehran

Foreign currencies posted considerable growth in Tehran’s free market with the US dollar quoted at 291,800 rials on Tuesday. 
According to Esghtesadnews.com, the dollar crossed the psychological 290,000-rial barrier gaining 6,100 rials. The greenback was tagged at 257,050 rials at authorized exchange shop.
Market observers say the Central Bank of Iran is trying to reduce prices in the free market by lowering rates in authorized shops.