Iranian MPs Call For Currency Boost

Published on Wednesday, 12 Sep 11:54 am

A group of Iranian MPs concerned over the economic policies of President Mahmoud Ahmadinejad called on 11 September for the Central Bank of Iran to intervene in the currency market to support the rial, which has hit a record low. Economy and finance minister Shamseddin Hosseini later said that Iran has sufficient foreign exchange reserves to end the crisis “within three days.”

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