Iran has decide to introduce a three-tier exchange rate system for the different categories of imports. Iranian news Agency ISNA reported that the government will provide dollars at the official rate of 12,260 Rials to import basic goods, and a rate of 15,000 rials to the dollar for capital and intermediate goods Luxury goods such as cars and dolls will be imported using dollars bought at the free market rate, making them costlier inside Iran.Arsalan Fathipour, the head of the Parliament's economic committee said that there is no new plan for a change in the exchange rate and the Government has simply accepted the suggestion that basic goods be part of the priority imported goods and use the official rate.Analysts say the move is an indication that the Government's stores of hard currency is under pressure from Western sanctions. The Iranian rial has lost nearly half its value and oil sales have come down. Though the official government exchange rate is 12,260 rials to the dollar the unofficial market rate at which most Iranians can access dollars is closer to 19,000 rials.