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Sizeable Growth in Export Income Repatriation: CBI

The CBI says under more facilitative rules enforced in recent months, export activity and, by extension, currency revenue has improved
Sizeable Growth in Export Income Repatriation: CBI
Sizeable Growth in Export Income Repatriation: CBI

Export firms sold $1.1 billion of their overseas income at the secondary foreign exchange platform (known locally as Nima) from the beginning of the fiscal year (March 21) until Thursday (April 28). 
The amount was almost 90% higher on the corresponding period last year, the Central Bank of Iran reported. 
Nima is an online platform affiliated to the CBI through which exporters sell their overseas currency and companies buy to import goods, machinery, equipment and raw materials. 

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