Intervene
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Currency Rates Climb in Tehran for 3rd Straight Day
EghtesadOnline: The rial extended a losing streak against major currencies for the third day on Wednesday, pushing the Central Bank of Iran to intervene in the market to restore some semblance…
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Top Council Extends Central Bank of Iran's Forex Mandate
EghtesadOnline: The Supreme Council of Economic Coordination extended the authority of the central bank governor, Abdolnasser Hemmati, for one more year to intervene and regulate the foreign…
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Majlis Expects Central Bank of Iran to Stabilize Forex Market
EghtesadOnline: In the wake of the government authorization to the Central Bank of Iran to intervene in the foreign exchange market, the head of Majlis Economic Affairs Commission Mohammad Reza…
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Iran’s CB Allowed to Intervene in Forex Market
EghtesadOnline: The government on Saturday authorized the central bank to intervene in the foreign exchange market to prop the rial after the currency fell to record lows in recent weeks against…