Moderate Market growth with periodic ups and downs
Date: 25/09/2019
Moderate Market growth with periodic ups and downs
Hosseini Moghaddam to Securities and Exchange News Agency: Since this year we confronted an increase in NIMA (Iran’s Forex Management Integrated System) exchange rate which shrinks the gap between NIMA rate and free market rate, export-oriented companies and also companies with pricing based on NIMA exchange rate faced growth in profitability.
Hosseini Moghaddam to Securities and Exchange News Agency: Since this year we confronted an increase in NIMA (Iran’s Forex Management Integrated System) exchange rate which shrinks the gap between NIMA rate and free market rate, export-oriented companies and also companies with pricing based on NIMA exchange rate faced growth in profitability.
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