Joint committee formed between Iran's parliamentary industries committee and the central bank's FX deputy

Zahra Saeedi Mobarakeh, spokesperson for the Industries and Mines Committee of Iran's parliament, said on Wednesday 29 July 2026 (7 Mordad 1405) that a joint committee has been formed between the committee and the central bank's foreign exchange deputy. She said the body is meant to regulate supply and demand in the currency market so that pressure on manufacturing units eases while the exchange rate does not rise.

Saeedi said that at a session between committee members, the central bank governor and officials from the Ministry of Industry, Mine and Trade, the problems of controlling the currency market and the prices of basic goods were reviewed. She added that over the past year important industries were damaged, which fuelled turbulence in the currency market, and that efforts were made to keep the resulting shock to the market as small as possible.

The spokesperson also said factory owners have faced order registration problems for the past four months, and asked the industry ministry first to examine why these units need to register orders and then to decide on issuing permits. She said the central bank governor was asked to keep the waiting queue to a minimum when prioritising industries, and to let units that hold foreign sourced currency use it.