FOREIGN EXCHANGE RATES

May 16, 1998 - 0:0
The following table shows the foreign exchange rates in rials as released by the Central Bank of the Islamic Republic of Iran on Thursday, May 14, 1998. COUNTRY UNIT Floating Rates Export Rates BUY SELL BUY SELL Australia dollar 1,105 1,112 1,898 1,907 Austria schilling 139 140 239 240 Belgium (100) francs 4,757 4,784 8,166 8,207 Canada dollar 1,210 1,217 2,077 2,087 Denmark krone 257 259 442 444 France franc 293 295 502 505 Germany mark 981 987 1,684 1,692 Holland guilder 871 876 1,495 1,503 Italy (100) liras 100 101 171 172 Japan (100) yen 1,304 1,311 2,238 2,249 Sweden krone 228 230 393 395 UAE dirham 476 479 818 820 UK pound 2,861 2,878 4,912 4,937 U.S. dollar 1,750 1,755 3,000 3,015