Iran Forex Rate Unification
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$12b Earmarked for Imports Since Forex Rate Unification in Iran
EghtesadOnline: The government earmarked a total of $12.28 billion to all import of goods and services at the unified rate of 42,000 rials during the first 45 days since it unified the US dollar's…
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Forex Rate Unification Strengthens Iran Banks
EghtesadOnline: As Iran moves to unify its exchange rates, the government has announced new policies that give the banking system the prime role in the foreign exchange market.
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Gov’t Still Pursuing Forex Rate Unification
EghtesadOnline: The government’s longstanding plan to unify Iran’s dual foreign exchange rate regime has faced several barriers, but a deputy economy minister said the plan is well and alive.
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Forex Rate Unification in Iran Put Off by Bullish Dollar
EghtesadOnline: With too many irons in the fire, the government and the Central Bank of Iran do not seem to be in the mood for making tough decisions, especially in the foreign exchange market.
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Pundits Welcome Travel Currency Elimination
EghtesadOnline: Reactions to the Central Bank of Iran’s latest directive that effectively eliminates the allocation of subsidized foreign currency to travelers and paves the way for forex rate…
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Majlis Backs Forex Rate Unification
EghtesadOnline: The parliament supports the implementation of the long-delayed promise to unify the country’s dual foreign exchange rates, the chairman of Majlis Economic Commission said.
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Dual Requirements of Forex Rate Unification
EghtesadOnline: In addition to establishing ties with major international banks, the plan to unify dual foreign exchange rates requires prerequisites, the Central Bank of Iran’s former deputy…
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Forex Rate Unification Needs Real Rates
EghtesadOnline: The unification of foreign exchange rates should be accompanied by setting real exchange rates, otherwise the plan will fail as in the past, the head of Iran Export Confederation…