Baku, Azerbaijan, April 30
By Elnur Baghishov – Trend:
A ban has been placed on the export of dates from Iran, in force starting April 30, as per the decision of Iran’s Market Regulatory Committee, Trend reports referring to the website of the Ministry of Industry, Mine and Trade of Iran.
The decision was made in order to control the market during the month of Ramadan.
It was also decided that the prices of the dates on wholesale markets should be set at least 15 percent lower than the approved price.
The Committee also decided not to change the prices of sugar, butter and oil during Ramadan.
The price of 1 kg of dates in Iran rose to 300,000-350,000 rials (app. $7.14-8.33) last week.
According to the official exchange rate used for the import of some essential products, the price of $1 currently stands at 42,000 rials.
The SANA system, which is a system assigned by the Central Bank of Iran to the currency exchange offices, sets the price of $1 at 141,649 rials. As per NIMA, a system intended for the sale of a certain percentage of the foreign currency gained from the sale non-essential goods and export, the price of $1 is 95,326 rials.
In the black market, $1 is worth about 140,000-145,000 rials.