Iran bans foreign currency trading on the street

Courtesy Newsvine - business  Mon, 01/16/2012 - 05:08

Iran's central bank deputy governor said Monday that trading foreign currency outside of banks and licensed currency exchange operations was now banned, marking the government's latest attempt to stem an outflow of foreign currency amid worries over the state of the economy.


 

Related items

China moves to boost bank lending
China's central bank has cut the amount of money banks must keep in reserve, in an effort to boost lending and sustain economic growth.

As Growth Slows, India Awakens to Need for Foreign...
India’s central bank and economic analysts predict that growth will fall sharply to 7 percent this fiscal year and remain sluggish.

SKorea's economy slows amid waning overseas demand
South Korea's economy grew at its slowest pace in two years in the fourth quarter last year as manufacturing waned amid weak overseas demand, the country's central bank said Thursday.

Linksys CIT310 Dual-Mode Cordless Phone for Yahoo!...
Break away from your PC and make free or low-cost calls to your friends using Yahoo! Messenger with Voice! The Linksys Dual-Mode Cordless Phone for Yahoo! Messenger comes with the handset,...

Microsoft Windows Vista Step by Step
The smart way to learn the latest version of Microsoft Windows--one step at a time! Work at your own pace through the easy numbered steps, practice files on CD, helpful hints, and...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com