Tighter Control Over Exchange Bureaus

The Central Bank of Iran said it has intensified supervision over exchange bureaus and penalized offending moneychangers.
In a press release seen on its website on Tuesday, the regulator said it sent warning notices to 248 authorized exchangers and suspended the permits of 46 shops for wrongdoing in nine months since the beginning of the fiscal year.
In addition, it said it revoked the permits of 25 authorized exchange bureaus for violating guidelines governing currency trade.