tag Iran foreign exchange transactions

Banks Allowed to Make Forex Market Foray

EghtesadOnline: In line with the general policy of conducting foreign exchange transactions through the banking system rather than exchange shops and stabilizing the market, the Central Bank of Iran is allowing lenders to purchase the hard currency of exporters at open market exchange rates, CBI’s head of exports department said.
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Publish Date:27/August/2017 | 09:27

Iranian Banks' Post-Sanctions Forex Deals Top $38b

EghtesadOnline: Since the implementation of the nuclear accord with world powers in Jan. 2016, Iranian banking system has engaged in foreign exchange transactions worth over $38 billion, the Central Bank of Iran announced.
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Publish Date:27/August/2017 | 06:42