An Iranian Economist Covering Economic Affairs in Iran and in the Middle East.
Wednesday, June 27, 2007
Speaking of Black Market
According to Fars News Agency, following rationing car fuel, the price of a 20 liters gas container has reached 140’000 Rials in the city of Zahedan. This agency reports that containers are bought for 110’000 Rials from gas stations by individuals seeking to profit from this situation. This put the price of gas at 7’000 Rials per liter in Zahedan. As always market does what a market does.