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Trading in Tehran bazaars comes to a halt as currency drops

2023-03-01 00:00

Trading in Tehran markets has largely come to a halt as the rial is near its all-time low. Local media reported that the Central Bank of Iran intervened in the currency market by injecting $700 million in UAE dirhams on Sunday and the rial marginally rose from its all-time low of 600,000 against the US dollar. But such a sizeable intervention has not produced the desired result of

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