IBENA- Regarding the currency, we encounter a boost of transfer bills and banknotes in (NIMA) Integrated Currency Transaction System and Iran Currency Exchange (ICE) Since the beginning of the year, about $ 48.6 billion in currency for imports has been conducted, compared with a total of $ 37 billion in 2021, 31 percent growth in supply of currency. He stating that fortunately we have been in a good position in currency banknotes, said: Since the beginning of the year, $ 1.6 billion in currency banknotes have been traded in Iran Currency Exchange (ICE), which was $ 423 million in the same period last year. Therefore, compared to last year, we have had about 4 times the supply of foreign exchange in Iran Currency Exchange (ICE).
Good situation of Currency supply in the market
This trend is due to the fact that the supply of foreign currency in banknote and remittance market is in good condition, and also banking cooperation with partner countries is well underway, and we use capacities for foreign exchange transfers, Governor of the Central Bank stated. In (Nima) Integrated Currency Transaction System, where non-oil exporters offer the currency, we have had $ 25 billion in currency supply in this system since the beginning of the year, which was $ 17.6 billion in whole of last year, which shows a growth of 42 percent compared to the whole of last year. Therefore, this trend shows that the supply situation of foreign exchange has been good and we have been able to meet the demand for foreign exchange. As a result, it is normal to make an impact in foreign exchange market, Dr. salehabadi reminded.
In March 2019, Failure to fulfill foreign exchange (currency) obligations was 26.6 percent, and in March 2020 this figure was 10.35 percent and in March of last year to 7.33 percent and Now, this figure has reached 5.9 percent, indicating that importers who were given the currency to import commodity, fulfill their obligations and bring them into the country.
Stability and balance in currency market: The main policy of central bank
Head of Money and Credit Council, expressing that return of exchange rate from exports is also shown recovery, said: Only, we have had downtrend in inflation and expectations of inflation have declined; We had a 3.1 percent inflation in October and 2.4 percent in November, which has reached 1.3 percent in December to 1.3 percent in December, second half. Therefore, monthly inflation and point to point inflation have been reduced and inflation expectations have had a good situation. As a result, it shows that we expect a good balance for currency market and we have.
Referring to next year economic situation, he said: Assuming the current situation continues, next year the situation of macroeconomic indicators: economic growth, inflation and foreign exchange market will be better than this year. Meanwhile, this year, foreign exchange market has been in a good situation in recent months.
Translated by Mirmasoumi
