With the government’s rescue package reining in the foreign exchange market, the private sector once again voiced its objection over the administration’s adamance on keeping the national currency strong at all cost.
Tehran Chamber of Commerce, Industries, Mines and Trade, as the country’s biggest private sector assembly, gathered early Tuesday for its last get-together of the current fiscal year that ends on March 20.
Khansari noted that wrong currency policies, disorderly banking and monetary situation, as well as the government’s fiscal deficit and chronic debts form the triangle of Iran’s economic woes.
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