The Iranian unit of currency is Rial, which is divided into 100 Dinars. Commercial banking, nationalized and reorganized in 1979, includes some seven major banks. The country's leading trade partners include Japan, Germany, France, Italy, the United States, Great Britain, and the Netherlands. Imports and exports are governed by regulations issued periodically by the Ministry of Commerce after approval of the Council of Ministers. Authorized goods have unrestricted importation.
Conditional goods are goods, import of which requires respective permits.
Prohibited goods are goods, import of which is forbidden upon Islamic Sharia, or respective laws and regulations. Iranian nationals and foreigners are allowed to hold interest bearing foreign exchange deposits with authorized domestic banks. Two types of foreign exchange deposits are permitted. I.e. foreign exchange deposits of external origin, and foreign exchange deposits of domestic origin. Balance of the foreign exchange deposits of external origin may be taken out of the country freely.