Nima
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Currency Trade via Nima Exceeds $4b
EghtesadOnline: Currency trade in the secondary market, known locally as Nima, reached almost $4 billion from the beginning of the fiscal year in late March to May 9.
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Nima Deals Reach €6.2b in 3 Months
EghtesadOnline: An estimated €6.2 billion was sold via the secondary foreign exchange market, known as Nima, for import since the beginning of current fiscal year (March 20) up until June 28.
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Trade via Nima Takes a Big Hit
EghtesadOnline: Foreign exchange trade in the secondary market, known as Nima, declined significantly in three months since the beginning of the current fiscal year (March 20) up to June 13 compared…
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Iran: No More Subsidized Foreign Currency for Sugar Imports
EghtesadOnline: The government will no longer allocate subsidized foreign currency for sugar import, as per the letter forwarded to the Central Bank of Iran by the Ministry of Industries, Mining…
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€10.6 Billion in Non-Oil Export Revenues Repatriated Via Nima
EghtesadOnline: Since the beginning of the current fiscal year (March 20), more than €10.6 billion earned from exporting non-oil goods has been sold through the Central Bank of Iran's secondary…
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$27b Repatriated Via Iran's Secondary Currency Market in 1 Year
EghtesadOnline: Approximately $27.5 billion was repatriated by non-oil exporters to the secondary currency market known locally as Nima (Integrated Forex Deals System) since the fifth month of…
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Open Market, Nima Forex Rates Gap Narrows
EghtesadOnline: The foreign exchange rate in Integrated Forex Deals System (Persian acronym for Nima) has been hiked in recent months to come closer to the rates quoted on the Sana website that…
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Iran: New Trade Monitoring System Planned
EghtesadOnline: Governor of the Central Bank of Iran says a new trade monitoring system is in the offing to complement the Integrated Forex Deals System (known by its Persian acronym Nima).
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Exporters Repatriate €4.5b in Q1
EghtesadOnline: Following hikes in forex rates in the Integrated Forex Deals System, known by its Persian acronym Nima, Iranian exporters repatriated more overseas earnings to the country.
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Nima Forex Rates Rise
EghtesadOnline: In the fiscal month to May 22, almost €2.16 billion in foreign currency was sold via the Integrated Forex Deals System, locally known as Nima, IRNA reported. In the same period…
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Central Bank of Iran: €2.2 Billion Sold Via Nima
EghtesadOnline: Since the beginning of the current fiscal (March 21) over 2.2 billion has been sold via the Integrated Forex Deal System, locally known as Nima, the Central Bank of Iran reported.
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€420m Repatriated Since March 21
EghtesadOnline: Since the beginning of the current fiscal (March 21) to April 10 am estimated €420 million plus was deposited with Nima (Integrated Forex Rate System). The amount includes both…
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Iran: $46b Allocated for Imports in Outgoing Fiscal
EghtesadOnline: The acting head of Trade Promotion Organization of Iran says $46 billion in foreign currency has been allocated for imports in the current fiscal. Of this $24 billion was allocated…
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Iran Chamber of Commerce Asks Exporters to Offer Earnings on Nima
EghtesadOnline: Iran Chamber of Commerce, Industries, Mines, and Agriculture in a notice called on exporters to keep on repatriating their currency earning on Integrated Forex Deals System, locally…
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Iran's CB Allocates €6.8b for Imports via Secondary Currency Market
EghtesadOnline: The Central Bank of Iran said after the creation of the secondary foreign exchange market – known by its Persian name Nima – in late April, €6.8 billion was sold by it for imports.
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$2.8b of Non-Oil Export Revenues Sold in Iran's Secondary Forex Market
EghtesadOnline: Figures from the Central Bank of Iran show that foreign currency revenues from non-oil exports from August 7 to October 3 through Nima–the Integrated Forex Deals System launched…
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$1.5 Billion Traded in Iran's Secondary Forex Market
EghtesadOnline: Figures show that Nima, the online foreign exchange system set up by the Central Bank of Iran at the behest of the government, is increasingly being embraced by traders following…
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$1.5b of Petrochem Forex Presented Through Nima
EghtesadOnline: Petrochemical firms have presented $1.5 billion of their export earnings to the market in the past two months at the unified rate of 42,000 rials, a guild official announced.
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New Rules Allow Direct Forex Sale
EghtesadOnline: Businesspeople that have validated their purchase orders are allowed to directly purchase their required foreign currencies from certified exchange shops through Nima, the Central…
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CBI Integrating Currency System
EghtesadOnline: The Central Bank of Iran announced on Friday that all certified currency-trading offices not affiliated with any bank will also be connected to its newly-established Forex Deals…