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Forex Reserves Sufficient for Imports, CBI Chief Says

Forex Reserves Sufficient for Imports, CBI Chief Says
Forex Reserves Sufficient for Imports, CBI Chief Says

The Governor of Central Bank of Iran Ali Salehabadi says the CBI has enough foreign currency to pay for imports.
“Almost $26 billion was given for imports from the beginning of current fiscal year [March 20] up until last month [August 22],” he was quoted as saying by the CBI website.  
Forex was made available mainly in the form of hawala sourced largely from proceeds brought into the country by exporters, Salehabadi said. 

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