(MENAFN) Iran's state radio announced that Tehran has launched a new currency-trading center to weaken the black market, reported AP.
The currency-trading center will offer the US dollars at 2 percent less than the street rate to importers of the country's needs.
Western sanctions imposed against the country's oil exports have deeply affected the Iranian rial.
The US and its Western allies believe that Iran is developing nuclear weapons, however, Tehran denies the accusations.
It is worth noting that the Iranian central bank will oversee the new center.
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