...

Iran's CBI allows some traders to import commodities, instead of revenues

Business Materials 12 April 2021 14:24 (UTC +04:00)
Iran's CBI allows some traders to import commodities, instead of revenues

TEHRAN, Iran, Apr.12

Trend:

The Central Bank of Iran has conditionally allowed exporters that couldn't bring 2018 foreign currency revenues back to Iran, import commodity instead, said the Governor of the Central Bank of Iran Abdolnasser Hemmati, Trend reports via Mehr News Agency.

"We wouldn't accept export earnings in rial, but the problems of exporters should be resolved," Hemmati said.

"The new regulation would provide the opportunity to exporters that could not return the foreign currency revenue in 2018, to import commodity instead with the revenue based on rial, " he said.

Tags:
Latest

Latest