Economy, Business And Markets
0

Iranian Travelers to Foreign Countries Received $312m in 3 Months

$312m Paid in Travel Currency in 3 Months
$312m Paid in Travel Currency in 3 Months

A total of $312 million were allocated by the Central Bank of Iran to people traveling abroad in the roughly three months that has passed since the Iranian government decided to unify the country's dual foreign exchange rates.
This was doled out to outbound travelers from April 9–the day the government unified foreign exchange rates and set the US dollar rate at 42,000 rials and started allocating travel currency–to July 14, IRNA cited the figure disclosed by CBI.
IRNA says foreign exchange allocated to car importers, which issue has become controversial, was equal to €121 million during the same period.
 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com