EghtesadOnline: In the run-up to this September’s G20 summit in Hangzhou, China, there has been much talk about strengthening global macroeconomic cooperation and reforming the international monetary system.

EghtesadOnline: All Iranian exporters and importers can now employ cheaper foreign currency rates used in the government's system for registering trade when using maritime and port services.

EghtesadOnline: China and the United States on Sunday committed anew to refrain from competitive currency devaluations, and China said it would continue an orderly transition to a market-oriented exchange rate for the yuan CNY=CFXS.