BAKU, Azerbaijan, April 15. Iran's Central Bank has allocated $426 million to import necessary products within 25 days (from March 19 through April 13, 2024), Head of Iran's Gold and Currency Exchange Center Ali Saeedi said, Trend reports.
According to him, $367 million has been allocated for the import of necessary products and agricultural products (wheat, oilseeds, animal feed, etc.) during the mentioned period.
Saeedi stated that within 25 days, the Central Bank allocated funds worth $59 million for the import of medical devices and medicines.
The official noted that the center sold foreign exchange worth $1.45 billion to industries: $424 million was sold to the transport and automobile industry, $113 million to the electrical and electronics industry, $155 million to the mining industry, $115 million to manufacturing equipment and machinery, $89 million to the textile industry, and $556 million to other industries.
Additionally, it should be noted that only necessary products can be imported into the country in the currency announced at the official state price in Iran.
The exchange rate announced by the Central Bank of Iran to banks and exchange offices is called the SANA system. According to this system, the price of 1 euro was 463,948 rials, and the price of 1 dollar was 435,677 rials.
In Iran, the system in which businessmen sell a certain portion of foreign currency obtained by exporting products to the country's economy is called NIMA. In this system, the price of 1 euro was 432,859 rials, and the price of 1 dollar was 406,483 rials.
In Iran's black market, the price of 1 dollar ranges between 673,000 and 676,000 rials, and the price of 1 euro ranges between 718,000 and 721,000 rials.
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