Iran adopts new policy to protect local currency value
TEHRAN, Aug. 6 (Xinhua) -- Iran's Central Bank (CBI) on Monday unveiled a new policy to protect value of rial against foreign currency.
The policy includes the lift of ban on currency trade and the activity of official money exchange markets ordered by new governor of the CBI Abdolnasser Hemati, Tasnim news agency reported.
Hemati said the policy, endorsed by President Hassan Rouhani's administration, aims to control the currency market and allow economic activists to interact freely.
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