BMI Forex Services Expanding
Economy, Business And Markets

BMI Forex Services Expanding

With the easing of sanctions, foreign exchange services of Bank Melli Iran have experienced a significant rise, the bank announced. In the first three months of the current fiscal year ending June 20, the bank’s letters of credit registered a ninefold increase in number and a tenfold growth in value compared with the same period of last year. On payment orders pertaining to imports, the bank registered a respective increase by 2.5 and 3 times, IBENA reported. BMI also provided hard currency to 90,000 pilgrims and travelers at a subsidized rate, marking a 100% increase year-on-year.


Short URL : http://goo.gl/oWJGm3
  1. http://goo.gl/QMKLZb
  • http://goo.gl/IVPSCP
  • http://goo.gl/ubvpK6
  • http://goo.gl/TNIKu2
  • http://goo.gl/vB4uoZ

You can also read ...

Iran Missing Advantages of Foreign Banks’ Presence
Tehran Chamber of Commerce, Industries, Mines and Agriculture...
Oman Eyes Iran Market Amid Rising Imports
Ithraa, Oman’s inward investment and export promotion agency,...
Luxgen’s S3 is a 5-seater subcompact sedan equipped with a 1.6-liter, 116 hp gasoline engine.
Local company Arman Motor Kavir is set to unveil two imported...
Iran Exim Bank Tapping NDFI Resources
Export Development Bank of Iran–the country's exim bank–is to...
Transport MoU With South Korea
Iran and South Korea have signed a memorandum of understanding...
Billet and bloom shipments made up the bulk of exports, reaching 1.78 million tons, up 28% year-on-year.
Iran’s semi-finished steel exports during the first seven...
Local producers have often called  on the government to increase import tariffs on tires.
In order to “protect domestic production”, the Industries...
IRIB Mulls Issuing Bonds
The Islamic Republic of Iran Broadcasting is considering...