VOL. XLIV
No. 22
28-May-2001
IRAN
CBI Official Says Unification Of Irans Multi-Tier Exchange System Planned By 2002
The Deputy Governor of the Central Bank of Iran (CBI), Mohammad Mojarrad, has announced that Iran is planning to unify its multi-tier foreign exchange system as part of its market reform policy aimed at streamlining the state-dominated economy. Mr Mojarrad told Reuters on 21 May that by March 2002 the government plans to abolish the existing preferential rate of $1 = IR1,750 which...
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