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Bank Maskan Joins Regulated Forex Market

Bank Maskan Joins Regulated Forex Market Bank Maskan Joins Regulated Forex Market

State-owned Bank Maskan, the main lender in the housing sector, is to join the regulated forex market, head of the bank’s department for international affairs said Sunday.  
As a member of the new market, Bank Maskan has paid its membership fee proportional to its stake in the company that will oversee the regulated forex market, Firouzeh Tabari said, adding that all banks and exchange bureaus are obliged to pay their share to be able to participate in the market, Hibna.ir reported. 
The market is scheduled to open August 12 to coincide with the annual Muslim feast of Eid al-Adha, the governor of the Central Bank of Iran, Abdolnasser Hemmati, said. 

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