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IRAN HAS ABANDONED THE DOLLAR Any orders for the supply of goods or other import Declaration that uses the USD will not be processed by the customs authorities of Iran. According to the Director DEPARTAMENTA according to the rules of currency operations and policies of the Central Bank of Iran Mehdi of Karapura, the new rules should not greatly affect the current trading operations, given that in these processes the use of the American currency was so limited. According to him, due to US sanctions, local banks and so could not conduct transactions in dollars. "Given that the use of the dollar in Iran, and so is prohibited and traders use alternative currency in their transactions, there's no reason to specify prices in dollars in invoices" - he said. One of the reasons that prompted the Iranian authorities to impose restrictions on the use of the dollar is, according to Forbes, the fall of the national currency of Iran - Rial to the dollar by 8% this year. Analysts believe that most of the foreign trade transactions of Iran will be carried out in euros.
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