Financial Tribune - Foreign exchange trade in the secondary market, known as Nima, declined significantly in three months since the beginning of the current fiscal year (March 20) up to June 13 compared to the similar period last year. Nima is an online platform affiliated to the Central Bank of Iran where exporters sell their overseas income and ...

Financial Tribune - The government will no longer allocate subsidized foreign currency at the rate of 42,000 rials per US dollar for rice imports, Fars News Agency quoted the head of Rice Importers Association, Abbas Tavakkoli, as saying. Rice importers are allowed to procure their forex requirements from the export earnings of non-oil products ...

Financial Tribune - Exporters of non-oil goods sold 16 billion ($17.8 billion) in their overseas revenues on the secondary foreign exchange market, known as Nima, since the beginning of the current fiscal year that ends on March 19. This market is a platform affiliated to the Central Bank of Iran where importers declare their currency needs, exporters ...

Financial Tribune - An estimated 7.98 billion in non-oil export revenues was repatriated through the Central Bank of Iran's secondary market in the first half of the current fiscal year (started March 21). A monthly account of repatriated export revenues published by IRNA, shows that non-oil exporters returned 2.15 billion in the second month of ...

Tehran Times - Irans domestic Forex Management Integrated System (locally known as NIMA) has supplied 7.197 billion for imports of basic goods since the beginning of current Iranian calendar year (March 21) up to August 29, IRNA reported on Friday. As reported, the trend of offering foreign currency earned from exports in NIMA has been increasing ...

Tehran Times Governor of Central Bank of Iran (CBI) said the currency market is moving toward stability and predictability after a year of turmoil, IRNA reported. The currency market is gradually moving towards stability and predictability after a difficult period which was the result of sanctions and the negative expectations they brought about,...

MNA The Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati announced on Tuesday that as of July 23, 2018 some $27 billion of foreign exchange has been offered at the Integrated Forex Deals System (NIMA). Referring to the incremental expansion of NIMA, Hemmati said that during the past year some $27 billion of foreign exchange has been ...

Al-Monitor | Navid Kalhor: Extreme foreign exchange-market fluctuations are highly likely to continue to menace Irans national currency, the rial, and the Iranian economy. A new integrated foreign exchange market is in the works to meet this challenge. NIMA, the state-run secondary foreign exchange market launched just over a year ago, hasnt brought ...