84684
The special government meeting for the forex market was held on March 15 with senior Cabinet members in attendance.
The special government meeting for the forex market was held on March 15 with senior Cabinet members in attendance.
Monday, April 16, 2018

Iran Plans New Forex System

Although businesses may not agree with the way the exchange rates are being unified, they do welcome the fact that it has finally happened
Monday, April 16, 2018

Iran Plans New Forex System

First Vice President Es'haq Jahangiri said on Sunday the government intends to establish a "new foreign exchange system" that will be in the country's national interests. 
Jahangiri added that task groups in related entities such as the Central Bank of Iran and the Ministry of Industries, Trade and Mining have been formed to consider all proposals concerning the foreign exchange market. 
He made the statements during a special government meeting for the forex market, which was also attended by Economy Minister Masoud Karbasian, Industries Minister Mohammad Shariatmadari and CBI Governor Valiollah Seif, Fars News Agency reported. 
Seif said at the meeting that the new forex system is being established and CBI would seek the advice of others to organize the forex market and instill transparency into the country's forex operations.   

Premium

To continue reading this article log in to your account, or join us now and get a free trial which includes access to this specific story.

You will not be charged for your trial and there is no obligation to purchase.

Create an account or sign in

Short URL : https://goo.gl/M6NYR1
04/16/2018
  1. https://goo.gl/bBXjBg
  • https://goo.gl/sF5JFf
  • https://goo.gl/x8FxLw
  • https://goo.gl/tUosWn
  • https://goo.gl/HmB4jc

You can also read ...

Online Forex System to Help Promote Transparency
Governor of the Central Bank of Iran has provided further...
TCCIM chief, Masoud Khansari (C), meets Sweden’s Ambassador to Iran Helena Sangeland in Tehran on April 18.
As a Swedish business delegation met with their Iranian...
Capital Intelligence participated in a gathering hosted by the Center of Investment and Consultancy Services  in tehran on April 21. (Photo: Saeed Ameri)
Having entered a new era after the lifting of most sanctions...
Banks to Decide FX Deposits’ Interest Rates
The Central Bank of Iran has focused on encouraging people to...
JP Morgan Sees Headwinds for Tesla Shares
Tesla’s electric car sales will suffer due to increased...
Several lines of the subway network are still under construction.
Allocation of 7 trillion rials ($166.6 million) worth of bonds...
Opel’s owner PSA aims to eliminate 3,700 jobs under a program of voluntary departures.
Planned job cuts at carmaker Opel will save enough cash to...
PTA With Turkey Not in Iran’s Interests
Iran’s economic interests have not been incorporated in its...

Add new comment

Trending

Googleplus