Skip to main content
Up to 53% offSee the plans

News | Currency | Iran

Central Bank of Iran: more than 33 billion euros of export FX commitments settled between January and July 2026

1 August 2026 | 3 months ago

Sayed Abdolmajid Ejtehadi, the Central Bank of Iran's deputy for legal and parliamentary affairs, said on Saturday 1 August 2026 (10 Mordad 1405) that more than 33 billion euros of overdue export foreign currency commitments have been settled between 5 January 2026 (15 Dey 1404) and this Mordad. He attributed the result to close cooperation between the judiciary and the central bank.

Under note 6 of article 2 bis of the anti-smuggling law, responsibility for determining non-fulfilment of export FX commitments and referring cases for prosecution rests with the "working group on the return of export proceeds", an eleven-member body chaired by the central bank's foreign exchange deputy, in which the central bank holds a single vote. Ejtehadi said the group, which met with delays before January 2026, has been convening weekly since late last year.

He added that the turning point was the formation of the judiciary's special panel on economic corruption in foreign exchange on 5 January 2026, which has held about sixteen sessions. Under its decisions, cases involving commitments above three million euros go directly to Tehran's special prosecutor's office for economic crimes.

Source:Mehr News AgencyThe source text

More from this market