UPDATE 2-Iran allows central bank to defend rial by intervening in forex market
28 Sep UPDATE 2-Iran allows central bank to defend rial by intervening in forex market
Posted at 14:07h
in
News
by KMFSLLP
Iran on Saturday authorised the
central bank to intervene in the foreign exchange market in
defence of the rial, state television reported, after the
currency fell to repeated record lows in recent weeks following
the reimposition of U.S. sanctions.
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