Iran to create secondary currency market by next week

Iran will set up a secondary currency market by the next week, Central Bank of Iran (CBI) Governor Valiollah Seif announced on Monday. The decision was made as the Iranian rial plunged to a record low against the U.S. dollar in the unofficial market on Sunday.

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Suspected chemical blast at Iran’s Bandar Abbas port kills at least 18, injures hundreds

President Masoud Pezeshkian ordered an investigation of the incident and sent to the site his …