CBI mainly focuses on controlling liquidity, supporting domestic production: Hemmati

TEHRAN – Governor of Central Bank of Iran (CBI) said the bank’s current programs are mainly focused on controlling liquidity and supporting domestic production, IRNA reported on Saturday.

NIMA supplies over €7.19b for imports of basic goods

TEHRAN- Iran’s domestic Forex Management Integrated System (locally known as NIMA) has supplied €7.197 billion for imports of basic goods since the beginning of current Iranian calendar year (March 21) up to August 29, IRNA reported on Friday.

Over €6.5b of non-oil income injected to NIMA since March

TEHRAN - Iran’s non-oil exporters injected €6.68 billion of their revenues into the Forex Management Integrated System, locally known as NIMA, since the beginning of the current Iranian calendar year (March 21) up to August 11.

Launching integrated forex market postponed

TEHRAN – Central Bank of Iran (CBI) has postponed launching the integrated forex market which was due to start operation by mid-August, Tasnim news agency reported.

NIMA supplies over €17.3b for imports of goods, services

TEHRAN - Iran’s domestic Forex Management Integrated System (locally known as NIMA) has supplied €17.357 billion for imports of goods and services since it was launched in April 2018 up to July 22, 2019, IRNA reported.

By Mahnaz Abdi

Integrated forex market to replace NIMA?

In early January, Money and Credit Council (MCC), the highest banking policy-making body of Central Bank of Iran (CBI), approved establishment of an integrated forex market as the CBI aims to explore the real volume of demand and supply in the foreign currency market through a new mechanism.

Launching integrated forex market in last stages: CBI

TEHRAN- Central Bank of Iran (CBI) announced that launching integrated forex market in the country is in the last stages, IRIB reported.

By Mahnaz Abdi

Forex market stabilized, rial soaring

Forex market in Iran has been experiencing many ups and downs after the U.S. withdrew from Iran’s nuclear deal (known as JCPOA) in May 2018.

‘$5b of non-oil revenues injected to NIMA since March’

TEHRAN – Iran’s non-oil exporters injected $5 billion of their revenues into the Forex Management Integrated System, locally known as NIMA, since the beginning of the current Iranian calendar year (March 21), IRNA reported, quoting an official with the Central Bank of Iran (CBI).

Industry ministry unveils directive on re-injection of export income

TEHRAN – Following the Central Bank of Iran (CBI), the ministry of industry, mining and trade has issued a directive package which provides the country’s exporters with guidelines about how they should re-inject their foreign currency incomes into the country’s economy, IRNA reported on Thursday.

NIMA supplies over €4.5b for imports of basic goods

TEHRAN- Iran’s domestic Forex Management Integrated System (locally known as NIMA) has supplied €4.564 billion for imports of basic goods since the beginning of current Iranian calendar year (March 21), IRNA reported on Wednesday.

‘Forex market under CBI’s control, passing temporary turbulence’

TEHRAN- Foreign currency exchange market is under the control of Central Bank of Iran (CBI) and the temporary turbulence will pass, Tasnim news agency reported on Thursday quoting CBI Governor Abdolnaser Hemmati as saying.

By Mahnaz Abdi

Integrated forex market to fill gaps created by NIMA

In early July 2018, Iran launched Forex Management Integrated System, locally known as NIMA, to allow the exporters of non-oil commodities to sell their foreign currency earnings to importers of consumer products.

NIMA will not be omitted: CBI governor

TEHRAN- Central Bank of Iran (CBI)’s governor dismissed the news that the domestic Forex Management Integrated System (locally known as NIMA) would stop activity, IRIB reported.

CBI issues directive on re-injection of export income

TEHRAN – Central Bank of Iran (CBI) has unveiled a directive package which provides the country’s exporters with guidelines about how they should re-inject their foreign currency incomes into the country’s economy, Tasnim news agency reported on Monday.

NIMA supplies €1.84b for imports of goods, services

TEHRAN- Iran’s domestic Forex Management Integrated System (locally known as NIMA) has supplied €1.840 billion for imports of goods and services since the beginning of the current Iranian calendar year (March 21) up to Sunday, IRNA reported.

‘Forex reserves enough to stabilize domestic market amid U.S. pressures’

TEHRAN - Central Bank of Iran (CBI) Governor Abdolnaser Hemmati said the country’s foreign currency reserves are enough to stabilize the country’s forex market after U.S. ended the waivers for Iranian oil buyers.

NIMA supplies €6.8b for imports of goods, services

TEHRAN- Since becoming online in early July, Iran’s domestic Forex Management Integrated System (locally known as NIMA) has earned €6.8 billion of foreign currency to be consumed for imports of goods and services into the country, IRIB reported on Saturday.

Petchem companies pumping exports revenues into NIMA

TEHRAN- According to the latest announcement of the Public Relations Office of Iranian Oil Ministry all the foreign currency earned from exports of petrochemical companies’ products has been regularly pumped into the Forex Management Integrated System, locally known as NIMA, in a bid to address the country's currency needs, IRIB reported on Sunday.

Iran forex exemptions to secure handicraft exports

TEHRAN – Iranian exporters of handicrafts are no longer required to exchange their export currencies at the Forex Management Integrated System, locally known as NIMA.

Iran's central bank unveils online forex system

TEHRAN- The Central Bank of Iran (CBI) launched its Forex Management Integrated System, locally known as NIMA, in a bid to address the country's currency needs, boost transparency, create competitiveness among exchange shops and a secure environment for traders, IRNA reported on Tuesday.