Travel Currency Policy Facing Revision
Travel Currency Policy Facing Revision
Sunday, July 22, 2018

Forex Subsidy Policy for Tourists Facing Revision

Sunday, July 22, 2018

Forex Subsidy Policy for Tourists Facing Revision

Confirming rumors of an imminent change in the Central Bank of Iran’s policy to allocate subsidized currency to outbound tourists, the head of CBI’s Forex Policies & Regulations Department has said the decision on travel currency will be finalized in the next few days. 
“The central bank has made a new proposal to reform the method of travel currency payment, which is being reviewed at the economic headquarters of the government,” Mehdi Kasraei-Pour was also quoted as saying by IBENA. 
IRNA, however, quoted Ahmad Asghari, the head of Iran Chamber of Commerce, Industries, Mines and Agriculture’s Tourism Commission, as saying that the central bank has stopped allocating travel currency altogether from July 21.           


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.

Short URL : https://goo.gl/3NGyec
  1. https://goo.gl/Hnfhgm
  • https://goo.gl/W5FW2s
  • https://goo.gl/EuCCPa
  • https://goo.gl/Xv5ZA1
  • https://goo.gl/qL5WsU

You can also read ...

Iran’s Amendments to CFT Law, a Step in Right Direction – Part 2
In the article titled “Amendments to CFT Law, a Step in Right...
Iraqi PM Cancels Iran Visit
Iraqi Prime Minister Haider al-Abadi has cancelled a visit to...
TSE Fastest-Growing Stock Exchange in World
Tehran Stock Exchange was the world’s fastest-growing stock...
Certified Exchangers List Gets Longer
The Central Bank of Iran has released the updated list of...
Chinese EV Sharing Platforms Seeking New Funds
Two electric vehicle-sharing platforms backed by powerful...
Export of Six Commodities Banned as of Aug. 23
The government has banned the export of different kinds of...
Iran Khodro Makes Inroads Into Azerbaijan Car Market
Since March, and through a joint venture between Iran Khodro...
A three-day exhibition called ‘SME Iran 2018’ opened in Tehran...

Add new comment