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  • EghtesadOnline: Deputy Economy Minister Hossein Mirshojaiyan has underplayed the gap between the official and open market foreign exchange rates, saying that a 17% difference between the two would not deter the Central Bank of Iran from moving ahead with rate unification.

  • EghtesadOnline: Iranian people, businessmen and policymakers must accept the rise in foreign exchange rates because the country’s inflation rate has been higher than the global average as well as the rate in trading companies in recent years, the deputy head of Iran Chamber of Commerce, Industries, Mines and Agriculture said.

  • EghtesadOnline: The parliament supports the implementation of the long-delayed promise to unify the country’s dual foreign exchange rates, the chairman of Majlis Economic Commission said.

  • EghtesadOnline: The Central Bank of Iran's governor has declared that the administration has no interest in letting foreign exchange rates climb and that it will take measures to keep the forex market stable.

  • EghtesadOnline: In addition to establishing ties with major international banks, the plan to unify dual foreign exchange rates requires prerequisites, the Central Bank of Iran’s former deputy for foreign exchange affairs said.

  • EghtesadOnline: Foreign exchange rates increased in Tehran's market on Wednesday, following the Central Bank of Iran's latest regulations concerning foreign currency offered at banks to travelers.

  • EghtesadOnline: Central Bank of Iran's vice governor said the country's forex situation is currently very strong and believes that fluctuations in foreign exchange rates in Iran's market are normal.

  • EghtesadOnline: Mohammad Shariatmadari, industries, mining and trade minister-designate, has pledged to lower banks’ interest rates and overhaul the current system of determining foreign exchange rates to support industries and exports.

  • EghtesadOnline: Following last week’s appointment of Seyyed Ahmad Araqchi as the head of Foreign Exchange Department at the Central Bank of Iran, the new deputy is expected to oversee the long overdue task of unifying the dual foreign exchange rates–a promise central to the mission of Valiollah Seif, the CBI governor.

  • EghtesadOnline: A futures currency market aimed at unifying the dual foreign exchange rates will be established in the current fiscal year (March 2017-22), a senior official at the Tehran Chamber of Commerce, Industries, Mines and Agriculture said.