Iran's Regulated Forex Market Waiting for the Opportune Time

The long-awaited regulated foreign exchange market is ready for launch but is waiting for the opportune inauguration time in order to have the best possible impact on the forex market, the CEO of the company overseeing the market said. 
“The timing for launching the market is crucial and we want a time when it would have the best effect on the currency market,” Mahmoud Shekasteband told Tejaratnews website. 
As per earlier official announcements and reports in the Tribune and other local media outlets, the regulated market was scheduled to start operations on July 2.  
Shekasteband noted that there is no hurdle to launching  the market, adding that the governor of the Central Bank of Iran should make the decision.