Iran Currency Policy

EghtesadOnline: With the government’s rescue package reining in the foreign exchange market, the private sector once again voiced its objection over the administration’s adamance on keeping the national currency strong at all cost.

EghtesadOnline: The new directive, which bans the use of the US dollar in import order registrations by Iranian traders, serves the double purpose of sidelining the US dollar and curbing the volatility that gripped the foreign exchange market in recent weeks.