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Economy, Business And Markets

EDBI to Expand Forex Role

The Export Development Exchange Company -- a subsidiary of the Export Development Bank of Iran, will launch two new branches, one at Imam-Khomeini International  Airport, and the other at Ferdowsi World Trade Center in downtown Tehran . The company managing director, Mohammad Ahmadi, says the EDEC would strive to implement policies of the Central Bank of Iran vis-à-vis  foreign exchange and help improve non-oil exports.