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In Letter to President Rouhani: Key MPs Ask Gov't to Expand Free Forex Trade

In Letter to President Rouhani: Key MPs Ask Gov't to Expand Free Forex Trade  In Letter to President Rouhani: Key MPs Ask Gov't to Expand Free Forex Trade

Three key lawmakers have asked President Hassan Rouhani to significantly limit the multi-tier foreign exchange system based on which a big portion of imported goods receive their hard currency at the preferential rate of 42,000 rials to the US dollar.  
In a letter sent to the president on Saturday, Chairman of Majlis Economic Commission Mohammad Reza Pour-Ebrahimi, Chairman of Budget and Planning Commission Gholamreza Tajgardoon and Head of the Monetary and Banking Committee Mohammad Hossein Hosseinzadeh Bahraini have demanded that the government expand the list of goods whose currency can be traded at negotiated rates by including petrochemicals, steel products and metallic minerals. 

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