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Sunday, 30 November 2025 08:52
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Agreement of the Ministry of Industry, Mine and Trade and the Central Bank

In the second hall this week, supply of foreign currency from the metal chain exports will be operational

IMIDRO’s Chairman of the Executive Board of Directors announced: Regarding the bilateral agreement of the Ministry of Industry, Mine and Trade and the Central Bank, the supply of foreign currency from the country's metal chain exports will be operational in the second hall this week.

In the second hall this week, supply of foreign currency from the metal chain exports will be operational

According to IMIDRO's public relations, Mohammad Masoud Samiei Nejad noted: given thenumerous meetings held with the colleagues of the Central Bank, in order to increase the
competitiveness of the country's metal chain, an understanding and agreement was reached so that part of the foreign currency resulting from the export of the metal chain be transferred to
the Central Bank's second hall.

According to the Deputy Minister of Industry, Mines and Trade, this measure was agreed upon
with the aim of boosting sales and exports in the chain, increasing transparency in exports,
returning foreign currency, and improving the business conditions of the country’s metal chain.
Samiei Nejad continued: referring the Ministry of Industry, Mine and Trade creating added
value inside the country and increasing the attractiveness of exports at the end of the chain,
the percentage of foreign currency transferred to the second hall increases according to the
added value created, so that products with higher added value have more incentives for export.
He declared the metal chain export currency supply program last month, and it was due to the
follow-ups of the Ministry of Industry, Mine and Trade.

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