Jun 30, 2024, 1:26 PM

Iran’s hard currency income up 18.6% y/y in June quarter: CBI

Iran’s hard currency income up 18.6% y/y in June quarter: CBI

TEHRAN, Jun. 30 (MNA) – Figures from the Central Bank of Iran (CBI) indicate that the country's hard currency income increased by 18.6% in the quarter ending in late June compared to the same period last year.

The latest figures from the CBI, released on Sunday, indicated that Iran's hard currency revenues reached $25.5 billion in the first three months this year in the Iranian calendar (March 21 to June 20, 2024.)

The data also showed that Iran's positive trade balance surged by 51.3% from $7.4 billion to $11.2 billion in the June quarter.

According to the CBI, $3.975 billion was allocated to imports of basic goods and medicine in those 101 days, while $13.442 billion was earmarked for imports of other commodities and goods in the same period.

AMK/IRN85524589

News ID 217072

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