Purchasing Qatari rials from Iranian exporters kicks off
Purchasing Qatari rials from Iranian exporters kicks off

Farzad Piltan an official in charge of Trade Promotion Organization of Iran (TPOI) revealed the outset of purchasing process of Qatari rials from Iranian exporters of goods and services and said, “with the necessary follow up made in this regard on solving problems facing exporters of goods and services to neighboring Qatar, process of transferring […]

Farzad Piltan an official in charge of Trade Promotion Organization of Iran (TPOI) revealed the outset of purchasing process of Qatari rials from Iranian exporters of goods and services and said, “with the necessary follow up made in this regard on solving problems facing exporters of goods and services to neighboring Qatar, process of transferring foreign exchange obtained from exporting products to Qatar was corrected.”

With the coordination made in the presence of traders, merchants, exporters and representatives of Central Bank of Iran (CBI), Bank Saderat Iran (BSI) and Bank Melli Iran (BMI), the method of determination of purchasing Qatari exchange rate from Iranian exporters of products to Qatar was announced briefly, he maintained.

He thanked the chief executives of Bank Saderat Iran (BSI) and Central Bank of Iran (CBI) for their necessary follows up made in this regard and said, “Bank Saderat Iran embarked on changing the basis for purchasing exchange rate of Qatari rials according to the rate notified by the Central Bank of Iran (CBI).”

To conclude his remarks, the Director General for Arab-African Office of the Trade Promotion Organization of Iran expressed his hope that this important move will not only facilitate Iranian export of products to neighboring Qatar but also will play a leading role in boosting export to this Arabic country.”