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Iran's CB Discounts Effect of FATF Ruling on Forex Market

Iran's CB Discounts Effect of FATF Ruling on Forex Market  Iran's CB Discounts Effect of FATF Ruling on Forex Market

Governor of the Central Bank of Iran said whatever the anti-money laundering Financial Action Task Force decides on February 21, the decision will not affect the currency market.
The Paris-based global anti-money laundering watchdog issued a four-month deadline in mid-October, giving Tehran a last and final chance to comply with international anti-money laundering rules by February 2020. 
“The upcoming FATF decision, whether or not it extends the deadline, will not significantly affect our currency market,” Abdolnasser Hemmati wrote in a note on his Instagram account on Sunday.  
He was referring to the government’s political opponents and currency speculators who have launched a propaganda campaign claiming that the global anti-money laundering watch-dog will put Iran on its blacklist this month. 

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