02:39**RESTRICTIONS: NO Access Israel Media/Persian Language TV Stations Outside Iran/Strictly No Access BBC Persian/VOA Persian/Manoto-1 TV**
The Central Bank of Iran announced from Tehran on Tuesday, that it will open currency markets, allowing exchange offices to buy and sell hard currencies for purposes such as foreign trade.
Importers of non-essential goods will be allowed access to hard currency brought home by the nation's exporters and exchange rates will be determined by the open market.
The Central Bank also said it would subsidise exchange rates to allow people to buy basic commodities and pharmaceuticals.
Iran: Tehran eases currency rules on foreign exchange
The Central Bank of Iran announced from Tehran on Tuesday, that it will open currency markets, allowing exchange offices to buy and sell hard currencies for purposes such as foreign trade.
Importers of non-essential goods will be allowed access to hard currency brought home by the nation's exporters and exchange rates will be determined by the open market.
The Central Bank also said it would subsidise exchange rates to allow people to buy basic commodities and pharmaceuticals.
**RESTRICTIONS: NO Access Israel Media/Persian Language TV Stations Outside Iran/Strictly No Access BBC Persian/VOA Persian/Manoto-1 TV**
The Central Bank of Iran announced from Tehran on Tuesday, that it will open currency markets, allowing exchange offices to buy and sell hard currencies for purposes such as foreign trade.
Importers of non-essential goods will be allowed access to hard currency brought home by the nation's exporters and exchange rates will be determined by the open market.
The Central Bank also said it would subsidise exchange rates to allow people to buy basic commodities and pharmaceuticals.