Iran To Ease Forex Restrictions For Free Zones
The Iranian Parliament has passed a new law, which has yet to be approved by the Council of Guardians, to ease foreign exchange restrictions in the country's free trade zones in an attempt to attract foreign investment to these areas. Under the law, the fixed exchange rate of $1=IR3,000 (applicable to all import transactions and export earnings) will be abolished in the zones and exchange dealings will be...
Please log in to read the rest of this story.
You may purchase access to entire MEES digital archives by subscribing. This subscription gives you access to all the content of MEES digital archives up to 1978!