According to Iranian media Fars News, the Central Bank of Iran continued to supply US dollar cash today through designated bank branches and foreign exchange institutions at a fixed exchange rate. Applicants can submit their foreign exchange purchase applications through a designated system. Designated bank branches continue to sell US dollars at rates close to the market rate; today's price for US dollar cash is approximately 262,000 tomans. According to an on-site investigation by a Fars News Agency financial reporter, according to published regulations, the minimum purchase amount is US$2,000, with applications increasing in increments of US$1,000, up to a maximum of US$10,000, and cash can be collected on the same day. About two weeks ago, the governor of the Central Bank of Iran announced that it would inject US$2 billion in cash into the market.
