EghtesadOnline: The Central Bank of Iran is struggling to curb the high foreign exchange rates as best as it can through its affiliated exchange bureaus.
EghtesadOnline: Tehran’s currency market was calm on the first day of the week as foreign currency rates decreased but bank-affiliated moneychangers were unmoved.
EghtesadOnline: Association of Bureaux de Change Operators of Iran has required authorized moneychangers to keep a record of their daily operations in the central bank-affiliated SANA system and Nima platforms, warning them against trading foreign currency outside the supervisory platforms.
EghtesadOnline: The US dollar surged above the critical 170,000-rial level on Sunday at the moneychangers affiliated with the Central Bank of Iran.
EghtesadOnline: The Central Bank of Iran has released the updated list of certified exchange bureaux currently active in the country, as it pursues a crackdown on unlicensed moneychangers that have proven a bane of the country's currency market.