IRAN
Iran Mulls Return To Unified Exchange Rate
Iran has plans to return to a unified foreign exchange rate for its domestic currency, the rial, instead of the current multi-tier system, the Governor of the Central Bank of Iran (CBI), Mahmoud Bahmani, said on 9 April. Iran currently has an official (or reference) rate of $1=IR12,260 fixed by the CBI; a subsidized rate at the currency trading center for certain categories of imports and foreign trade transactions...
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