Moneychangers Say Want to Trade Online

EghtesadOnline: The Association of Bureaux de Change has called on the Central Bank of Iran to let exchange shops trade foreign currency online.

News ID: ۷۵۲۶۳۰

25 June 2023

The Association of Bureaux de Change has called on the Central Bank of Iran to let exchange shops trade foreign currency online.

"If the laws are revised to allow people to buy and sell currency online without going to exchange offices, it will have a positive effect on the forex market," Kamran Soltanizadeh, head of the association told Tasnim News Agency, CBI has banned all online currency trade. According to Article 28 of a directive related to the establishment, activities and supervision over the moneychangers, any form of currency trade on cyberspace is prohibited and should be undertaken only licensed forex shops.