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Iran Central Bank chief denies rate of dollar rising.

BBC Monitoring International Reports

| September 30, 2010 | COPYRIGHT 2001 BBC Monitoring. (Hide copyright information)Copyright

Text of report by semi-official Iranian Students News Agency (ISNA) website

The general director of the Central Bank has denied that the rate of the dollar has increased in the current situation and has said that the Central Bank has intervened to reduce the rate of the dollar.

Asked why the rate of the dollar has reached 1,300 tomans at some bureaux de change, Mahmud Bahmani said in an interview with the Central Bank correspondent of the Students News Agency (ISNA): Be sure that beginning from tomorrow, the rate of the dollar will be much lower.

He added: It was partly caused by a hike in real prices and was partly false, and the Central Bank will take …

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