The currency and gold rates are determined based on the economic realities of the country

According to Iran Economist, the Governor General of the Central Bank announced on his page on social networks that all the real needs of the country will be met in the currency exchange center. With the establishment of the country’s foreign exchange exchange center, the exchange rate will be discovered according to the resources, foreign exchange expenses and fundamental factors.
He also stated: The exchange rate and gold are determined based on the economic realities of the country.
According to the approval of the Money and Credit Council, Iran’s currency and gold exchange center From tomorrow (March 2nd) it will start its official activity in the field of foreign exchange transactions (banknotes and money orders).
According to the announcement of the central bank, Iran’s currency and gold exchange center will have several trading halls and currency and gold supply, in the first phase, the service currency hall and the remittance hall of the Iran exchange center will be opened and will start operating.