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€10.6 billion in non-oil export revenues repatriated via Nima

23 Nov 2019 - 17:20


Financial Tribune - Since the beginning of the current fiscal year (March 20), more than €10.6 billion earned from exporting non-oil goods has been sold through the Central Bank of Iran's secondary forex market, known locally as Nima.

According to the platform's website, importers also bought €8.69 billion worth of foreign currencies from the secondary market.

The secondary market is a platform where importers declare their currency needs, exporters register their currency proceeds and banks and authorized moneychangers act as dealers.


Story Code: 364102

News Link :
https://www.theiranproject.com/en/news/364102/10-6-billion-in-non-oil-export-revenues-repatriated-via-nima

The Iran Project
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