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Iran's CB Supplies $5.5b for Import of Essential Goods Since March 21

Iran's CB Supplies $5.5b for Import of Essential Goods Since March 21
Iran's CB Supplies $5.5b for Import of Essential Goods Since March 21

The Central Bank of Iran has supplied $5,542 million at the subsidized forex rate of 42,000 rials per US dollar for the import of essential goods since the beginning of the current Iranian year (March 21).
Latest data released by CBI show it has allocated $1,218 million for the import of corn; $883 million for oilseeds; $580 million for barley; $1,097 million for unprocessed vegetable oil; $483 million for soybean meal; $225 million for wheat and $130 million for other essential goods. 
Also known as necessity goods, essential goods are products consumers will buy, regardless of changes in income levels. 
A total of $926 million were also allocated to the Health Ministry for importing pharmaceuticals and their raw materials over the period.  

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