Banking and insuranceEconomicalEconomicalBanking and insurance

Severe treatment of currency sales contrary to the announced criteria


According to the financial news report, citing the public relations of the central bank, this bank announced in an announcement that according to the importers’ protests, some foreign exchange market operators, including exchange companies and exporters of goods and services (foreign exchange suppliers) regardless of The relevant regulations have acted on the sale of currency outside the official systems and beyond the range of allowed rates.

It is obvious that any violations of exchange companies and exporters from the announced rates or buying and selling currency outside of the authorized systems announced by the central bank, will be faced with decisive monitoring measures by the central bank, judicial and security authorities and lead to the disqualification of managers. Currency suppliers and license revocation of violators exchanges. Also, the violators will be prosecuted in the courts under the title of disrupting the currency system.

It is worth mentioning that in order to monitor the country’s foreign exchange market activists, tangible and intangible inspections and monitoring by Central Bank inspectors as well as law enforcement and security authorities are on the agenda, and if any violation is observed, the perpetrators will face the most severe possible actions.

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