CBI Urged To Stabilize Falling Rial
A group of Iranian members of parliament has called on the Central Bank of Iran (CBI) to promptly intervene in the currency market as the value of the Iranian rial fell to record lows last week. After hitting a low of $1=IR25,650 on 10 September, the value of the currency strengthened marginally to close at $1=IR24,400 on 11 September and at $1=23,880 on 13 September, according to Iranian website...
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