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40% of Nima Currency Comes From Petrochemical Exporters

40% of Nima Currency Comes From Petrochemical Exporters   40% of Nima Currency Comes From Petrochemical Exporters

Petrochemical companies contributed 40% of the currency available at the secondary foreign exchange market, known locally as Nima, secretary general of Iran's Association of Petrochemical Industry Corporation (APIC) said. 
Nima is an online platform affiliated to the Central Bank of Iran where exporters sell their overseas currency income and companies buy it for importing goods, machinery, equipment and raw materials. 
Ahmad Mahdavi said there have been cases when exporters of petroleum products and petrochemicals repatriated their export proceeds beyond what was required of them.

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