TEHRAN, Iran, November 7. Foreign exchange trade has increased 67 percent in Iran's domestic Forex Management Integrated System (NIMA), said the Governor of Central Bank of Iran Ali Salehabadi, Trend reports citing Fars News Agency.
The foreign exchange supply is currently more than demand, he said adding that $26.5 billion has been traded via Forex Management Integrated System during the first seven months of the current Iranian year (started March 21, 2022).
He underlined a total of $38.5 billion has been provided to import essential goods during the first seven months of the current year indicating 22 percent growth.
Salehabadi underlined $1.5 billion in foreign exchange banknotes were traded in this period showing a 40 percent increase in trading.
He pointed out that foreign currency reserves are in good condition and Iranian exporters have shown good interest in exchanging their export revenues via the NIMA system.
The official has indicated foreign exchange offices can trade foreign currency online which will be launched in the next week.
