Police summons 942 market disruptors

October 7, 2018 - 20:47

TEHRAN - Tehran police chief Hossein Rahimi announced on Sunday that 942 disruptors in coin and foreign currency markets have been summoned.

The central bank and Judiciary asked for summoning the disruptors, he said during a meeting of the Tehran city council.

In recent months, there has been a sharp rise in value of foreign currencies and gold coin. However, over the last few days the national currency, rial, has been gaining considerable strength against gold coin and foreign currencies. 

Unhappy with the plummeting value of foreign currencies, some economic opportunists, who had manipulated the market, are provoking people to buy foreign currencies, arguing that the prices will rise again when the second batch of U.S. sanctions start on November 4.

NA/PA
 

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