$16.5 billion traded in Iran’s foreign exchange center over seven months

Some $8.72 billion worth of essential goods and pharmaceuticals were imported during the seven-month period.

26 October 2025
ID : 66289
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Some $8.72 billion worth of essential goods and pharmaceuticals were imported during the seven-month period.

Iran Center for Exchange of Currency and Gold

Iran’s Center for Exchange of Currency and Gold said on Saturday that more than 21,000 merchants carried out transactions worth over US $16.504 billion in its commercial foreign-exchange market during the first seven months of the current Iranian year (March 21 – October 22, 2025).

The center said the transactions involved several currencies, including US $9.082 billion, AED 20.451 billion, €683 million, INR 1 billion, KRW 104 million, CNY 7.333 billion, ¥161 million and RUB 2.807 billion.

It added that US $8.72 billion worth of essential goods and pharmaceuticals were imported during the same period. In total, more than US $33.511 billion in foreign currency was allocated to meet import needs, including basic commodities, medicines, industrial products and services.

Of that amount, US $23.871 billion was directed toward commercial and trade imports, with essential goods and medicines ranking second. About US $920 million was provided for service-related foreign-exchange requirements.

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