Judiciary Intensifies Monitoring of Forex, Gold Coin Markets

As the months-long foreign currency and gold coin rally in Iran prevails, mainly due to unyielding speculative activities that have contributed to the decline of the rial, the judiciary has now expanded its role for combating the issue.
Tehran Prosecutor Abbas Jafari Dolatabadi was on Sunday quoted as saying by the official news outlet of his office that the judiciary “has licensed the police and security entities to control the bank accounts of people active in the areas of gold and foreign currencies”.
“On a case-by-case basis, it is possible that orders for the closure of accounts could also be given for the unlawful foreign currency activities to subside,” he said.