EghtesadOnline: Bank Melli Iran’s foreign exchange trading services, which include opening lines of credit and processing foreign exchange remittances for importing commodities, have registered respective year-on-year increases of 173% and 95.5% in terms of value and number respectively during the first five months of the new Iranian year (started March 21), BMI’s website reported.

EghtesadOnline: The CBI warned that banks found in breach will see their branches shut, codes deactivated and restrictions on their physical expansion, balance sheets and credit plus permission to offer forex services.