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Conditions for the Offering of Currency Power of Attorney Bonds Announced

Just now November 3, 2026 1 min read 📰 ISNA
📋 Key Takeaway

The Central Bank of Iran has announced new guidelines for the issuance of currency power of attorney bonds aimed at improving financial efficiency and directing foreign currency towards productive investments. This initiative is significant for enhancing the financial market and reducing idle foreign currency holdings.

The Central Bank, in line with enhancing the efficiency of the country's financial system, directing individuals' foreign currency resources towards productive economic activities, supporting priority investment projects, increasing the depth of foreign financial markets, and reducing the non-productive holding of foreign currency resources outside the official economic cycle, has issued the executive instructions for the offering of currency power of attorney bonds (based on Islamic contracts).

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Translated from the original and edited for English readers. View original source →

Translation confidence: 85%

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