Iran eases parts of its currency-control framework, Reuters-like coverage via the Financial Times says, enabling some traders/exporters to use overseas earnings to pay for imports. The change allows exporters to route funds from abroad toward import financing without first converting the foreign currency through Iran’s official foreign-exchange system.
According to the Financial Times report cited by multiple outlets, the approach can help traders move value across borders more directly, potentially reducing friction in obtaining foreign exchange via official channels. One outlet frames the development mainly as a way for exporters to fund imports using overseas earnings without selling foreign currency at official rates. Another frames the same mechanism as potentially helping traders work around US sanctions, noting the use of crypto in the cross-border process.
While both accounts describe the core policy shift—bypassing official conversion steps for some overseas earnings—they differ in emphasis. One stresses the trade-financing mechanics, while the other highlights sanctions-evasion implications tied to cryptocurrency use.
