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Exporters Sell $13.5b via Nima in 4 Months 

Exporters Sell $13.5b via Nima in 4 Months 
Exporters Sell $13.5b via Nima in 4 Months 

Export companies sold $13.5 billion in the secondary foreign exchange market, known locally as Nima, in four months since the beginning of current fiscal year in March. 
In a press statement seen on its website on Monday, the Central Bank of Iran said the amount was more than 82% on the corresponding period last year. 
Nima is an online platform affiliated to the CBI through which exporters sell their overseas currency and companies buy for importing goods, machinery, equipment and raw materials. In this system, importers declare their currency needs, exporters register their currency proceeds and banks and authorized moneychangers are brokers. 

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