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CBI Supplied $15 Billion for Import of Essential Goods

CBI Supplied $15 Billion for Import of Essential Goods
CBI Supplied $15 Billion for Import of Essential Goods

The Central Bank of Iran has provided $15 billion for the import of essential goods in the first four months of the current Iranian year (March 21-July 22), 27% more than the corresponding period of last year.
Also known as necessity goods, essential goods are products consumers will buy, regardless of changes in income levels.
The provision of subsidized foreign currency at the rate of 42,000 rials per US dollar increased by 70% to reach $4.6 billion during the same period, CBI reported on its website.
The latest statistics show it has supplied $1,546 million to import corn, barley and wheat; $1,124 million for oilseeds and unprocessed oil; $1,171 million for pharmaceuticals and medical equipment, and $348 million to import soymeal.

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