Iran judiciary says over €5bn in export currency recovered

Tehran’s prosecutor said on Monday that more than €5 billion in foreign currency had been recovered from exporters who failed to meet their currency repatriation obligations on time.

Ali Salehi said more than €20 billion in export currency obligations had also been reviewed and settled through judicial follow-up, citing reports from Central Bank officials.

He did not name the exporters or specify where the funds had been held.