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Students gather in front of Iranian parliament, protesting against currency exchange cuts

Iran Materials 2 October 2012 11:37 (UTC +04:00)
Iranian students gathered in front of country's parliament building yesterday and held protests against the Central Bank of Iran cutting down the dollar exchanges to students, ILNA reported.
Students gather in front of Iranian parliament, protesting against currency exchange cuts

Azerbaijan, Baku, Oct. 2 /Trend S.Isayev, T. Jafarov/

Iranian students gathered in front of country's parliament building yesterday and held protests against the Central Bank of Iran cutting down the dollar exchanges to students, ILNA reported.

Previously, the students held protests in front of the Central Bank, which, as they say, cannot make such currency-related decisions on its own, before parliament gives its approval on it.
In September, the Central Bank of Iran announced that the dollar exchange would be offered to only scholarship students, studying abroad, other Iranian students claim this move is illegal, unless approved by the parliament.

The students noted that if the parliament does not take relevant measures, they will move on to protest in front of the president's office.

The students do have an option to exchange the local currency for U.S. dollars at country's open markets, yet the prices between open markets and official Central Bank rates are very different.

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