Travelers leaving Iran to collect money at airport
Azerbaijan, Baku, Feb. 2/ Trend M. Moezzi
Iranian travelers will get their foreign currency after paying for it via automated teller machines in town and presenting the receipt at the airport or through buying it before they board their flights, the Government Information Center website dolat.ir quoted the country's economic minister as saying.
At present, passengers leaving Iran can buy $1,000 for their trip although this may be increased later. Incoming passengers can bring a maximum of $5,000 with them, Iran's Minister of Economic and Financial Affairs, Seyed Shamseddin Hosseini, said. Those who have more than $5,000 with them must open a foreign exchange account and collect the rest money as they leave Iran.
These measures are to stabilize Iran's foreign currency markets which had seen wild fluctuations for the past few weeks and almost doubled the dollar's value compared to the rial.
The Central Bank of Iran has declared a single rate, 12,260 rials per dollar but it costs up to 23,000 rials on the black market.