0610 GMT: It is now more than two weeks since authorities tried to suspending reporting of the open-market rate for the Iranian Rial, after the currency lost almost 70% in value in September. Leading currency websites such as Mesghal and Mazanex are still void of numbers, not only for the Rial but also for the price of gold.
Gradually, however, Iranian sites have defied the ban to post reports, not only of the scarcity of transactions at the Central Bank's imposed rate of 28500 Rials to the US dollar but of the "real" situation on the street. Fars and Baztab have indicated in recent days that the Iranian currency continues to slip when US dollars are sold. Today Aftab posts a rate, in light with that of the other two sites, of 40000 Rials to the dollar.
Posted via email from lissping
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