EghtesadOnline: The governor of the Central Bank of Iran acknowledged shortcomings in the government's new foreign exchange policy, promising that they would be addressed.
EghtesadOnline: President Hassan Rouhani sought to assure the private sector of the long-term effects of the government's new foreign exchange policy, saying the measures are aimed at market stability and sustainable economic growth.
EghtesadOnline: By keeping the rial overvalued, the administration is in fact subsidizing foreign imports at the expense of domestic production, the head of Tehran Chamber of Commerce, Industries, Mines and Agriculture said, while criticizing the government’s foreign exchange policy again.