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

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.