Trade at the wholesale forex market, known as the regulated market, has declined sharply due mainly to restrictive currency trade policies.
Value of currency deals in the market has dropped to $2 million per day, almost a fifth compared to the recent past, the semiofficial Fars News Agency said, citing data published by the Iran Currency Exchange, the body in charge of managing the regulated market.
The regulated forex market is a spot market dealing in wholesale currency in cash via authorized exchange shops and banks operating as brokers.
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