CBI Launches ‘Currency and Gold Trade Center’

The central bank officially launched the ‘Iran Currency and Gold Trade Center’ in line with the new governor's bid to try and control skyrocketing forex and gold prices.

The measure was proposed as an amendment to Iran Central Exchange operation rules and approved by the Money and Credit Council (MCC) last week, IBENA reported.

No details have been announced about the working mechanism of the new market's operations.