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Subsidized Currency

  • EghtesadOnline: The Central Bank of Iran has obliged importers who use subsidized currency to sell their goods via a transparent distribution network, according to a CBI official.

  • EghtesadOnline: In a highly anticipated parliamentary decision on Saturday, lawmakers ratified an amendment to the next year’s (March 2019-20) budget bill which obliges government to allocate $14 billion subsidized foreign exchange in the form of "electronic coupon."

  • EghtesadOnline: Confirming rumors of an imminent change in the Central Bank of Iran’s policy to allocate subsidized currency to outbound tourists, the head of CBI’s Forex Policies & Regulations Department has said the decision on travel currency will be finalized in the next few days.

  • EghtesadOnline: The head of Management and Planning Organization has presented the list of imported goods eligible to receive foreign currency at subsidized rates.