Hard currency revenues up 18.6% in three months: CBI
Figures by the Central Bank of Iran (CBI) indicated that the country’s hard currency income rose 18.6% in the quarter to late June compared to the same period last year.
The CBI figures published on Sunday showed that Iran’s hard currency revenues had reached $25.5 billion in the three months to June 20, IRNA reported.
The figures showed that Iran’s trade surplus had also soared 51.3% to $11.2 billion in the June quarter.
The CBI said it had allocated $3.975 billion to imports of basic goods and medicine in the 101 days to June 28, adding that some $13.442 billion had been earmarked for imports of other commodities and goods over the same period.
According to the report, a sum of $3.256 billion was paid for the imports of agricultural products including wheat, edible oil and livestock during the said period.
The CBI added that $1.298 billion of subsidized forex, also known as NIMA forex, was allocated to transportation and automotive industry, while electricity and electronic sector received $1.486 billion during the 101 days to June 28. Mineral industries earned $656 million from CBI, as machinery and production equipment received $803 million of NIMA forex during the mentioned days.