Iran energy exchange deals top $500 million

Financial Tribune – Trading in different energy carriers at Iran Energy Exchange has generated foreign currency income worth $519 million for the country in about seven months, the IRENEX trade data compiled by the Economic Reviews Department of Tehran Chamber of Commerce, Industries, Mines and Agriculture show.

The revenue has been earned through trading 1.1 million tons of commodities in the international ring of IRENEX from the beginning of the current fiscal year (started March 21) till Oct. 14, according to data published on TCCIM’s website.

Compared with the corresponding period of last year, the figures indicate a two-and-a-half-fold increase in trade volume and a threefold rise in value.