What is it about?

The article is related to an appropriate regulatory framework for the currency exchange market. In this sense, the paper relies on the concept of catallaxy to discredit any arbitrary constraints on the market and give rise to the independence of the Central Bank.

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Why is it important?

It is underlined that unrestrained money printing and restrictive regulations during sanctions exacerbate economic malaise in Iran.

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This page is a summary of: Legal regulation of the currency exchange market in Iran: a Hayekian analysis, Law and Financial Markets Review, January 2024, Taylor & Francis,
DOI: 10.1080/17521440.2023.2280222.
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