Economy, Business And Markets
0

Iran Parliament's Think Tank Outlines Plan to Improve Forex Situation

MRC comes up with ways to prevent a further forex deterioration by suggesting the government pay attention to what it has regrettably ignored, including allowing market forces to play their role and improve the country’s international payment channels
The rial has lost more than 30% of its value during the three months to April against the dollar.
The rial has lost more than 30% of its value during the three months to April against the dollar.

Majlis Research Center, the parliamentary think tank, has released its first comprehensive report on the current foreign exchange market situation and the reasons it was gripped by wild gyrations in the final months of the previous fiscal year that ended in March and the following months. 
The think tank dissects the real reasons behind the crisis and charts its rising trajectory. It also comes up with ways to prevent a further forex deterioration by suggesting the government pay attention to what it has regrettably ignored, including allowing market forces to play their role and improve the country’s  international payment channels. 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com