$1.5b of Petrochem Forex Presented Through Nima
$1.5b of Petrochem Forex Presented Through Nima
Thursday, July 12, 2018

$1.5b of Petrochem Forex Presented Through Nima

Thursday, July 12, 2018

$1.5b of Petrochem Forex Presented Through Nima

Petrochemical firms have presented $1.5 billion of their export earnings to the market in the past two months at the unified rate of 42,000 rials, a guild official announced. 
Ahmad Mahdavi added that until the end of the current fiscal year (March 20, 2019), petrochemical firms' foreign currency earnings would increase by 5-10%. 
Mahdavi said the currencies have been offered through Nima, the local name for the Integrated Forex Deals System launched by the government after it unified the USD forex rate.


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