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Supreme Leader Aide Ali Akbar Velayati2147 GMT: Bank Watch. The Supreme Audit Court has given Central Bank head Mahmoud Bahmani 20 days to appeal the order for his dismissal because of illegal financial transactions.

2037 GMT: Bank Watch. Najmeh Bozorgmehr of the Financial Times summarises a day's turmoil over the Central Bank and the Iranian currency, with reports of the resignation or dismissal of Bank head Mahmoud Bahmani.

Bozorgmehr puts the fall of the Rial today at 8%, from 32800:1 to 35300:1.

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