My problem is the inclusion of Saudi Arabia in a list of countries of " unofficial users " of the Iranian rial.
12.
In 2013, talking about the sanctions against Iran, US Senator Carl Levin said that " Iranian Rial banknotes are printed in Europe ".
13.
The Iranian rial lost more than half of its value in 2012, directing Iran at an import substitution industrialization and a resistive economy.
14.
Although described as an ( interbank ) " market rate ", the value of the Iranian rial is tightly controlled by the central bank.
15.
The Central Bank of the Islamic Republic of Iran is responsible for developing and maintaining the Iranian rial, which serves as the country's currency.
16.
However, with the completion of the second phase, crude and by-products of oil can also be traded on the exchange in both Iranian Rial and Euro.
17.
For more than 33 years, Bank Melli Iran was acting as the central bank of Iran with the responsibility to maintain the value of Iranian rial.
18.
Nourbakhsh was credited with introducing a single exchange rate last year for the Iranian rial, ending years of multi-exchange rates for Iranian rials against major foreign currencies.
19.
Carpet dealers are notorious for smuggling goods over Iranian borders to avoid rules requiring them to exchange most of the foreign currency they earn for Iranian rials.
20.
Nourbakhsh was credited with introducing a single exchange rate last year for the Iranian rial, ending years of multi-exchange rates for Iranian rials against major foreign currencies.
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