The Governor of the Central Bank of Iran Ali Salehabadi said $57 billion in foreign currency was supplied from assorted sources in fiscal March 2021-22.
“The amount was 57% higher on the preceding year when $36.5 billion were sold,” Salehabadi said in a press release posted on the CBI website.
He described the status of the domestic currency market as “stable” giving credit to non-oil exporters for securing a big segment of the forex income.
April 04, 2022 23:35
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$57 Billion Tapped in Fiscal 2021-22: CBI
As per law, non-oil exporters must repatriate a part of their earnings in the form of hawala and sell it via the Nima. They also can sell their currency to authorized exchange shops
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