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Iranian gold exports now require central bank approval
- Iran: Thursday, November 01 - 2012 at 01:43
Iran has banned gold exports without approval by the central bank, in a new effort by the government to restrict outflows of wealth, Reuters has reported. "The export of gold and coins without permission from the central bank has been banned," said customs official Mohammad Reza Naderi. The new policy was adopted because of exchange rate fluctuations and "challenges in the field of foreign trade," said Naderi.
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