Forex Regulations

Mohammad Reza Farzin, the governor of the Central Bank of Iran, announced the formation of a special committee at the CBI to look into delays in the repatriation of foreign exchange revenue by…

Iran National Tax Administration has announced details of the government’s initiative to levy taxes on people purchasing high amounts of foreign currencies and gold coins as investments,…

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…

The Central Bank of Iran issued new regulations governing the allocation of foreign currency to Iranians studying overseas, two months after the government tightened its control over the…

The Central Bank of Iran is to reevaluate and upgrade its rules and general approaches regarding foreign currencies, says the bank's deputy for foreign exchange policies and regulations days…

The Central Bank of Iran has issued a directive requiring travelers and truckers in  transit entering the country to declare currency valued over $10,000 to the Ministry of Economy’s…