VOL. XXXIII

NO. 37

18-JUNE-1990

Financial and Banking News

Loans & Issues

Iranian Traders To Be Given Access to Foreign Currency

Iranian Central Bank Governor Mohammed Hossein Adeli announced on 11 Junethat the country's importers and exporters are to be permitted to buy foreignexchange at a government-controlled rate to finance trade. The rate was to beannounced on 17 June. The move follows the failure of government attempts toreign in the flourishing black market in foreign currency, despite...