Iran Limits Dollar Purchases to $1,000 Per Day Amid Economic Strain

Iran has introduced new rules for banks and exchange offices restricting how much foreign currency individuals can buy. According to the Fars news agency, buyers may purchase a maximum of $10,000 in total. Daily purchases are capped at $1,000. The measures come as Iran's economy continues to be pressured by sanctions. Further details on implementation timing were not specified in the report.
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