Iran bans imports of 600 goods, caps currency salesIran has banned the importation of about 600 goods and only importers of essential items will henceforth benefit from preferential exchange rates, a report said. Iran's energy-reliant economy is reeling from international sanctions aimed a More… |
G20 to pledge to avoid ‘competitive devaluation’Finance leaders from the Group of 20 economies will pledge on Saturday to commit themselves to pursue market-determined exchange rates and refrain from 'competitive devaluation' of their currencies, a G20 source said. A communique More… |