Regulated Forex Market Discerns a Bigger Role

The regulated foreign exchange market has expanded penetration with listed exchange shops as members increasing steadily, the market's head for communication department said. 
Close to 300 exchange bureaus are operating in the market including 20 affiliated to banks. Apart from the bank-affiliated exchanges there are 17 participating banks, according to Mehdi Gohar-Rostami. 
He said the scope of the market has broadened across the country and moneychangers that are member of this market offer forex services in 19 provinces.