(MENAFN) Iranian economic experts consider that starting a bourse for trading foreign currencies is heading for be the best way for the country to conquer the present challenges of the forex market counting the elevated rates.
In latest days, the boost in inflation indices in the preceding Iranian agenda month (June 20-July 21) has made many of the country's economic experts and analysts condemn the Central Bank of Iran (CBI) policies in calculating the forex market and claimed the increasing exchange rates to be the major cause for the inflation hike.
As accounted, foreign currency rate variations have always been peaked out as one of the major causes for the bound in inflation in the Iranian economy.
Seyed Mohammad-Hassan Malihi an economic expert stated that the only way to transport calm back to the disordered foreign exchange market which is presently being prohibited and synchronized through CBI monetary policies is to establish a central forex bourse in which all the foreign currency exchanges would take position.
MENAFN1108202000450000ID1100616626
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.