Higher Local Currency Cap for Overseas Travel

The Central Bank of Iran said it has raised the ceiling for the amount of local currency local residents and foreigners can hold when leaving and entering the country to 50 million rials (around $115).
Prior to this both locals and foreigners could …

The Central Bank of Iran said it has raised the ceiling for the amount of local currency local residents and foreigners can hold when leaving and entering the country to 50 million rials (around $115). Prior to this both locals and foreigners could only carry 5 million rials (around $11) when...