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Central Bank of Iran Governor Expects Additional Forex Allocation for Imports

Central Bank of Iran Governor Expects Additional Forex Allocation for Imports Central Bank of Iran Governor Expects Additional Forex Allocation for Imports

The central bank governor said volume of foreign currency trade in the secondary market amounted to €7.3 billion in the past two months. Abdolnaser Hemmati predicted that this amount would accelerate because the government has bestowed more power on the Central Bank of Iran to offer forex from petrochemical exports and other non-oil exporters in the secondary market, the regulator reported on its website on Saturday.
Secondary market deals are made through the Forex Deals Integrated System, an online system locally known by its acronym Nima.

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