30 Apr 2024
Monday 1 October 2018 - 15:04
Story Code : 321656

Iran's CB: New route to help meet currency needs

Financial Tribune - Plans are underway for eleven agent banks to sell foreign currency to non-commercial, everyday purposes as part of a new mechanism to reform the volatile currency market, says Mehdi Kasraei-Pour, head of CBI's Department for Forex Polices and Regulations.

Currency for non-commercial needs can be sold in two ways: cash or through the transfer Hawala system.
https://theiranproject.com/vdccpsq1e2bqie8.-ya2.html
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