CBI accepts parliament’s plan on reinforcing secondary market

August 1, 2018

TEHRAN- After three months of incessant negotiations, the government and Central Bank of Iran (CBI) have accepted to adopt suggested policies of the parliament’s economic committee in foreign currency market, head of monetary and banking committee of the parliament was quoted by Tasnim news agency as saying on Tuesday.

Mohammad-Hossein Hosseinzadeh Bahreini called on CBI to play a more active role in domestic foreign currency market, suggesting that the government should let the secondary market manage foreign currency as well as gold market or transfer the management knowledge to CBI to make the central bank capable of reigning the rampant market.
“Under the current circumstances, the government should facilitate importing of goods for the importers via providing them with foreign currency at official rate at the secondary market,” he added.

HJ/MA

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