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Cabinet makes key decisions for regulating forex market/Basic goods, medicine to be supplied with official exchange rate

The Council of Ministers convened on Sunday evening in a regular weekly session that was chaired by President Rouhani and discussed Central Bank decisions for regulating the foreign exchange market.

news id: 105531 -

Sun 05 - August 2018 - 22:46


Based on the decisions made in this regard, all basic goods and medicine will be supplied with the official exchange rate.

Ministry of Industry, Mines and Trade was also required to review and update the list of the goods and carry out the necessary supervisions.

Furthermore, all authorised bureaux de change are able to purchase foreign currency as bills within the framework of small transactions, with special emphasis on money laundering prevention regulations.

news id: 105531

- sessions