The Central bank of Iran continues its trend to devalue the rial's official exchange rate while it seeks to strengthen its market rate. CBI's target is to return the country's exchange rate regime…
Economy
A deputy governor of the Central Bank of Iran said six banks that defied the regulations of Money and Credit Council have been fined so far, one of which has been made to pay 800 billion rials ($…
The Securities and Exchange Organization has approved applications for setting up 14 new market making funds.
Market makers are broker-dealer firms that accept the risk of holding a…
The Money and Credit Council, working under the supervision of the Central Bank of Iran, plans to assign private banks to grant interest-free marriage loans to young couples.
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