Economy, Business And Markets
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New Forex Rules for Iranian Shipping Companies

Forex Rules for Shipping CompaniesForex Rules for Shipping Companies

The Central Bank of Iran issued a directive on Tuesday outlining new foreign currency rules for shipping and transit companies, as part of the government’s new measures to tighten control over the forex market. Under the directive, the supply and transfer of foreign currency to reimburse the charges of Iranian and foreign transit and shipping companies can only be processed via the banking system and...

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