EghtesadOnline: The Trade Promotion Organization of Iran has created a special integrated platform for receiving and processing loan applications from exporters who want to use export credit from the National Development Fund of Iran, head of the TPOI said.
EghtesadOnline: Head of the Iran Chamber of Commerce, Industries, Mines and Agriculture has called on the government to revise stringent rules guiding repatriation of overseas earnings by non-oil exporters.
EghtesadOnline: Head of the Export Guarantee Fund of Iran has criticized the poor performance of banks in supporting export-based companies, recalling that robust financial support for export companies is critical in the climate of hostile US economic sanctions.
EghtesadOnline: A list of 150 companies that failed to repatriate their export revenues has been sent to the judiciary, head of Iranian Export Confederation said, noting that the deadline of the Central Bank of Iran for the repatriation has expired.
EghtesadOnline: The Majlis Joint Commission has approved a proposal calling for exempting exporters of technical and engineering services and agricultural goods from currency repatriation rules.
EghtesadOnline: Central Bank of Iran’s conditions on non-oil exporters to repatriate their currency earnings has been criticized yet again by exporting countries after they reportedly received export ban warnings from lenders.
EghtesadOnline: Exporters of non-oil goods repatriated more than €12.1 billion ($13.4 billion) of their overseas earnings to the country since the beginning of the current fiscal year in mid-March, the Central Bank of Iran reported.
EghtesadOnline: Major currencies hit six-month highs on Thursday as the US dollar was heading toward the resistance level of 130,000 rials.
EghtesadOnline: The total value of foreign currencies sold by exporters of non-oil goods at Iran's secondary market amounted to €9.2 billion since the beginning of the current fiscal year (started March 21), €7.86 billion of which have been purchased by importers.
EghtesadOnline: An estimated €7.98 billion in non-oil export revenues was repatriated through the Central Bank of Iran's secondary market in the first half of the current fiscal year (started March 21).