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: Companies exporting non-oil goods that fail to meet their financial commitments regarding repatriation of their overseas earnings in the previous Iranian fiscal year (March 2018-19) by the end of this month will be taken to court.
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: The Ministry of Industries has conditioned the granting of permission for export of minerals to exporting companies’ commitments to repatriate overseas earnings.
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.