NIMA system

Economy

€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…

Economy

CBI not to eliminate forex management integrated system NIMA: governor

MNA – The Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati announced that the central bank is not intended to…

Currency Crisis

Central Bank of Iran: €2.2 billion sold via Nima

Financial Tribune – Since the beginning of the current fiscal (March 21) over 2.2 billion has been sold via the Integrated Forex…

Economy

Tehran stocks turn higher

Financial Tribune – After small gains in Saturday’s trades, the Tehran Stock Exchange continued to rally on Sunday to break another record…

Economy

Iran: $46b allocated for imports in outgoing fiscal

Financial Tribune – The acting head of Trade Promotion Organization of Iran says $46 billion in foreign currency has been allocated for…

Currency Crisis

Iran: Subsidy choices take center stage

Financial Tribune – Where oversight mechanisms cannot be enforced by the government, allocating subsidized currency will not help but hinder because “the…

Economy

Central Bank of Iran: $38b allocated for imports

Financial Tribune – The governor of Central Bank of Iran says the CBI has so far allocated $38 billion in foreign currency…

Economy

Iran: Electronic distribution of subsidized currency approved

Financial Tribune – In a highly anticipated parliamentary decision on Saturday, lawmakers ratified an amendment to the next year’s (March 2019-20) budget…