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Saturday, October 13, 2012

Rial Exchange Rate


Tehran’s currency exchange shops are still required by the government to post an exchange rate of 28,500 rials to the dollar on their windows, but they are telling their customers that they have no dollars to trade. Tabnak reports that some exchange shops were actually trading at 33,000 rials to the dollar on Saturday. (Tabnak, 13 October)

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