Iran's Regulated Forex Market a Step in the Right Direction

A former governor of the Central Bank of Iran says the regulated foreign exchange market would be a significant step by the CBI toward a single rate currency. 
Welcoming the positive aspect of the market, Tahmaseb Mazaheri commended the “brave and serious” central bank’s measure in rewriting the long-awaited currency policy. 
“Launching the regulated market is the second loop in the chain of unifying forex rates after correcting currency prices,” he told a radio program, Fars News Agency reported.