Iran allowed importing foreign currency and gold

September 8, 2018 12:39 pmComments Off on Iran allowed importing foreign currency and gold
Iran allowed importing foreign currency and gold

Iran has allowed forex exchange bureaus to start importing foreign currency. That seems to be an attempt to prevent the Iranian rial from collapsing to a new low against the US dollar. The Iranian currency lost about two-thirds of its value this year, and earlier in the week it fell to a record low of 150,000 IRR per USD. Today, the rate has risen to 130,000 IRR per USD in […]

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