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Iran Planning New Ways to Repatriate Export Earnings

Iran Planning New Ways to Repatriate Export Earnings Iran Planning New Ways to Repatriate Export Earnings

The Central Bank of Iran will introduce new measures to help channel export earnings into the economy, the CBI governor Abdolnaser Hemmati said on Saturday in a meeting with provincial governors. 
Hemmati said export in rial is tantamount to capital outflow and the CBI wants to prevent this and help exporters to repatriate their earnings.
Exporters to some neighboring countries especially Iraq  complain that their export earnings are reimbursed to them in rial rather than foreign currency and therefore they should be exempt from currency repatriation rules. 

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