Majlis to Sit with Officials!
-Stressing on the need to reconsider some decisions, the Head of the Economic Commission of Majlis announced their agreement as a whole with the recent measures taken by the government to control and manage the foreign exchange market. As has been previously reported in Agah daily reports, the government set a single exchange rate to the dollar at IRR 42,000 since last Monday. However, setting a fixed exchange rate was among those the Majlis Commission was dissatisfied due to its adverse consequences for the country’s economy, stating that the government should have set a more realistic rate after the USD rose to IRR 62,000 and gradually moving towards lower prices. The commission members will again sit with government representatives early next week to discuss the status, challenges and solutions for taking the current attempts further.