• New Forex Initiative Unable to Tip Scales

    The new forex initiative has only managed to fix major policy mistakes of the past two quarters, which is not enough to control profiteering in the foreign exchange market.
    The above statement was made by economist Vahid Shaqaqi Shahri in an interview with ISNA.
    The new forex policy announced by Abdolnasser Hemmati, as his first move as the new head of the Central Bank of Iran, has managed to prevent the rise in forex market prices and consequently of gold coins, to some extent. 

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