TEHRAN, Iran, Nov.4
Trend:
The increase of prices is partly caused by the fact that we could not provide foreign currency rate on time, said the Iranian government's spokesman.
"Measures have been taken to provide foreign currency for trade and most of the imported necessary goods have been released from customs," said Ali Rabie, Trend reports citing ILNA.
"It was expected that part of these imported commodities including rice would be offered at the market based on official foreign currency rate of 42,000 rials per dollar but they were sold based on free-market rate," he said.
"The Central Bank of Iran preparation to accelerate the release of goods from customs by foreign currency assignment has improved the situation. The market regulation headquarters have agreed to divide the distribution of products between Agriculture Ministry, Ministry of Industries, Mine, and Trade to control prices" he added.
A total of 25,000 tons of rice has been released from customs, the Agriculture Ministry has done necessary measures to resolve some of the obstacles. Additionally, the commodity reserve is in good condition, the Central Bank of Iran would provide foreign currency for import while the distribution of imported products is done by Agriculture Ministry that would reduce prices in the coming days.
"There have been decisions to confront smuggling in borders and export of egg and necessary goods were banned to balance prices," he noted.