Forex Reserves Sufficient for Imports, CBI Chief Says
EghtesdaOnline: The Governor of Central Bank of Iran Ali Salehabadi says the CBI has enough foreign currency to pay for imports.
Almost $26 billion was given for imports from the beginning of current fiscal year [March 20] up until last month [August 22],” he was quoted as saying by the CBI website.
Forex was made available mainly in the form of hawala sourced largely from proceeds brought into the country by exporters, Salehabadi said.
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