Central Bank of Iran

  • Iran to Sell Oil to India in Euro

    Iran to Sell Oil to India in Euro

    Wednesday, 15th June 2016
    Iran will receive euro payments for its oil exports to India, and the sales in rupees will stop, the Central Bank of Iran (CBI) announced.
  • Iran Determined to Settle $6b Oil Dues with India

    Iran Determined to Settle $6b Oil Dues with India

    Monday, 7th March 2016
    Iran is sending its Central Bank Vice Governor, Gholamali Kamyab, to India this month in order to re-claim nearly $6b in past oil dues from Indian refiners such as Essar Oil, Mangalore Refinery and Petrochemicals Ltd (MRPL) and to resettle current disputes over exchange rate mechanisms.