Economy, Business And Markets
0

Iran Forex Market Welcomes Rescue Plan

Forex Market Welcomes Rescue Plan Forex Market Welcomes Rescue Plan

After months of volatility, the foreign exchange market has embraced a forex plan unveiled by the government on Sunday. Exchange houses resumed their normal operations, halted 115 days earlier on the order of the Central Bank of Iran, the sector’s top regulator. The government has committed itself under the rescue plan to relinquish control over the market and let “supply and demand” dictate the rates. 

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