EghtesadOnline: Governor of the Central Bank of Iran says the government is opposed to the repatriation of export earnings in rial as it would weaken the economy.
EghtesadOnline: The Central Bank of Iran has announced a new set of rules for repatriation of export earnings in the current fiscal (March 2019-20).
EghtesadOnline: Since the beginning of the current fiscal (March 21) to April 10 am estimated €420 million plus was deposited with Nima (Integrated Forex Rate System). The amount includes both Central Bank of Iran’s own contribution and repatriation of export earnings.
EghtesadOnline: Iran's private sector remains steadfast in its opposition to recent currency repatriation rules lately adopted by the government with the supposed aim of bolstering currency reserves and fostering trade.