Home Forex Market Iran's Regulated Forex Market Launches Pilot Trade – Financial Tribune

Iran's Regulated Forex Market Launches Pilot Trade – Financial Tribune

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The regulated foreign exchange market that is slated to commence work by mid-May has already launched its pilot trade. 
According to details provided by IBENA website — affiliated to Central Bank of Iran — the market will deal in wholesale currency in banknotes with exchange bureaus and banks. 
This means that retail forex trade will be the function of currency offices outside of the regulated forex market.  
The venue of the market is the second head office of the CBI in Ferdowsi Street in downtown Tehran.

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