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Moneychangers Selling, Not Buying Currency

Moneychangers Selling, Not Buying Currency Moneychangers Selling, Not Buying Currency

The Central Bank of Iran is struggling to curb the high foreign exchange rates as best as it can through its affiliated exchange bureaus. 
Over the past week the dollar has been of the declining order after solid gains for months and falling rates gained momentum after the Democratic Joe Biden was declared Saturday winner of the US presidential election.
The greenback plunged after a wave of panic selling by perturbed investors and the CBI seized the opportunity by increasing offers and quoting lower rates at selected CBI moneychangers. 

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