Foreign exchange offered in the secondary currency market rose significantly in the last week, the Central Bank of Iran said.
Forex sold in the secondary market (known locally as NIMA) grew 48% in the five business days of last week (May 9-13) compared to the corresponding period a week earlier, the CBI website reported.
The total was € 313 million – enough to meet a limited import need.
Nima is an online platform affiliated with CBI where exporters sell their overseas currency income and companies buy it for import of goods, machinery, equipment and raw materials. The rates are usually below open market rates.