Struggling to bring some semblance of stability to the turmoil gripping the currency market, the Central Bank of Iran said it was again pumping cash to stabilize the situation.
In a press release published on its website on Monday, the CBI said it had increased forex offer at the secondary foreign exchange market by 27% compared to the earlier session.
Known by its Persian acronym, Nima, the secondary market is a trade platform where exporters sell their forex earnings and importer buy it for import needs.
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