26 October 2022 - 16:36
Dr. Saleh Abadi on the sidelines of government delegation said:

Supply of 25 billion dollars of currency in Nima system

Supply of 25 billion dollars of currency in Nima system
Despite the various conditions, currency fluctuations in the market have been low, governor of Central Bank said.
News ID : 140039

IBENA- Fortunately, we are witnessing a good calm in foreign exchange market, From the beginning of year to the end of October, about 25 billion dollars of currency has been offered in Nima system. The sources of oil and non-oil exports are such that the volume of supply increases every day and, Insha’Allah, it will continue until the end of the year, He added.

At first, this market was inside the exchange offices, later transactions were carried out on the board of the integrated currency market.

The exchange rate of exchange offices is such that every exchange office has been registering its supply and demand price on website of the market for several weeks, governor of central bank stated that we are witnessing an increase in the volume of banknote transactions in integrated currency market, added.

At first, this market was inside the exchange offices, later transactions were carried out on the board of integrated currency market. The exchange rate of exchange offices is such that every exchange has been registering its price of supply and demand on website of the market for recent several weeks, governor of central bank stated that we are witnessing an increase in the volume of banknote equivalents in the integrated currency market, and added.

Fortunately, by action of Central Bank, we are witnessing a good depth of the market, Saleh Abadi stated. Despite various conditions, currency fluctuations in the market have been low. There are limited fluctuations in free market and there are also limited fluctuations in Nima system. We hope to witness peace in market with regulatory planning and mechanism in the market, governor of central bank noted.

Last night, in meeting of economic headquarters of government, issue of bank facilities was raised and it was decided that the amount of facilities paid by banks and ability of banks to provide facilities should be presented in a report. About 66 percent is allocated to working capital of production and service units. 15 percent is dedicated to micro requires, Saleh Abadi regarding the President's emphasis on banks to prevent despair and despair, said.

 

 

 

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