Forex Transfer Cap Announced
Forex Transfer Cap Announced
Monday, June 11, 2018

Central Bank of Iran Announces Forex Transfer Cap

Monday, June 11, 2018

Central Bank of Iran Announces Forex Transfer Cap

In a directive on Saturday, the Central Bank of Iran authorized foreign currency transfers (through the hawala system operated via the Integrated Forex Deals System) of up to €5 million or its equivalent in other currencies for imports undertaken by production enterprises, subject to the approval of the related ministry.



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