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The exchange rate is 42,000 tomans / even chicken and car have one price in official sources and another price in the shop



Online Economy – Zahra Mahmoudi; The exchange rate approved by the Central Bank is the same rate as Nima and Banknotes; These statements are made by the director of the central bank’s currency market monitoring department. He said this in response to the criticisms raised by exporters regarding the removal of foreign exchange obligations. The exporters must return the currency obtained from the export to the country in order to meet the foreign exchange obligation and continue the export. That too with the figure that the central bank is looking for; Not the dollar rate in the open market, which the central bank calls the unofficial rate. The exporters say that the rate proposed by the central bank is not beneficial for us; Because we buy raw materials with the free market and we have to return with a high difference, and this has made exports uneconomical; In this regard, the online economy has discussed with the director of Central Bank’s currency market monitoring department.
Regarding the herd of exporters, Behzad Elameli told the reporter of Ekhtaz Online: The official exchange rate of the country is the exchange rate that is determined in Nima and Banknotes. From our point of view, it is a single-rate currency and what is offered in Nima and banknotes is the official currency rate in the country. The unofficial market rate is capital outflow and at this rate, smuggling of goods happens and we do not accept this rate. Because we do not know the actors, the volume and the price discovery mechanism.
He continued: We consider a rate as official when we know its actors and the price discovery mechanism; Otherwise, the rate is not approved by us. The issuer is free to offer his currency at an official or unofficial rate. If he offers at the official rate, the obligation will be discharged and he will be exempted from value added tax; Otherwise, the obligation will not be fulfilled and other benefits will not be enjoyed.
Lameli further stated: Central Bank will not enter a market whose players it does not know. Just a few days ago, the political fever rose and the exchange rate increased. But as the fever subsided, the rate decreased. According to our models, the current exchange rate is about 42 thousand tomans.
In response to the question that if a person wants more than 2,000 dollars, there is no 42,000 Toman currency for him and he has to buy 50,000 Toman currency, he said: Economics is the science of resource allocation limited to unlimited needs. If we are going to give everyone as much currency as they want, that is not possible. Even chicken and car have one price in official sources and another price in the shop.

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