$8.7b Allocated for Essential Goods Import at Cheap Foreign Exchange Rate

The Central Bank of Iran has provided $8.74 billion at the cheap foreign exchange rate of 42,000 rials per US dollar for importing essential goods since the beginning of the current Iranian year (March 19, 2020) to Jan. 31, 2021.
Latest statistics released by CBI show it supplied $1.985 billion to import corn; $910 million to oilseeds; $405 million to barley; $1.2 billion to raw vegetable oil; $990 million to soybean meal; $677 million to wheat; $40 million to fertilizers; $36 million to paper; $1.107 billion to medical equipment and $1.39 billion to import pharmaceuticals and their raw materials during the period under review.  
Also known as necessity goods, essential goods are products consumers will buy, regardless of changes in income levels.
As per the decision of the government’s economic headquarters, a total of $8 billion at the rate of 42,000 rials per US dollar were to be allocated to supply essential goods in the current fiscal year (ending March 20).