Friday 11 July 2014
 
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exchange rates

Iran bans imports of 600 goods, caps currency sales

Iran 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

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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

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