Financial and Banking News
Iranian Minister Predicts Single Exchange Rate in Next Iranian Budget
Iran's Commerce Minister, Mr. Abdolhossein Vahhaji, told Iranian businessmenon 6 December that Iran's three-tier exchange rate system will be abolished atthe end of the present Iranian year, which runs to 20 March 1993 (Iranianbudgetary years coincide with their calendar years). The Minister's remarksapparently contradict recent statements by President...
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