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€60M supplied to Iran's NIMA system over one day

Iran Materials 17 December 2018 11:00 (UTC +04:00)
A total of €60M was supplied to Iran's Integrated System for Hard Currency Transactions (NIMA) on Dec.15.
€60M supplied to Iran's NIMA system over one day

Tehran,Iran, Dec.17

Trend:

A total of €60M was supplied to Iran's Integrated System for Hard Currency Transactions (NIMA) on Dec.15.

Iran Finance Minister Farhad Dejpasand has announced that the foreign currency market in the country is moving towards balance, Trend reports via IRNA.

"A total of €60M was supplied to NIMA on Saturday, the figure was very good and more than expected," Dejpasand said.

The Central Bank of Iran (CBI), has started the Integrated System for Hard Currency Transactions (NIMA) to register the currency revenues returns from the exports and supply of foreign currency to importers that lead to drop of foreign currency rate in market.

"I insist that the stability of foreign currency market is more important than other issues, especially since our exports are related to imports, if we create stability in market, all would profit from it," he added.

The official noted the improvement of foreign currency market is the result of collaboration with private the sector.

"The private sector has a progressive role in economy during the sanctions period. Iran needs private sector to pass the obstacles," said Dejpasand.

He also spoke of the negotiations between country's private sector and China.

"To improve the relations with China, the government had held separate sessions with chambers of commerce, there are a good opportunities to develop ties," he said.

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