Tag Archives | balance of trade

Foreign Exchange Revenue Well Above Costs: President

Iranian President Hassan Rouhani assured the nation that the country’s foreign exchange revenue far outstrips the spending, stressing that foreign exchange reserves will even grow in future. In comments at a live televised speech on Monday night, President Rouhani gave an assurance that Iran’s foreign exchange revenue greatly exceeds the total foreign exchange costs, saying […]

Iran’s First Non-Oil Trade Surplus

By Maysam Bizær, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. What Iran’s first non-oil trade surplus means for its economy Iran’s non-oil balance of trade turned positive in the past Iranian year, which ended March 19. The $916 million trade surplus is the country’s […]