Shahrvand quotes Kantar Media Philippines, a market research agency and writes, the largest consumers of chewing gum in the world are Iran (80% of population), Saudi Arabia (79% of population) and the USA (59% of population). The report estimates the value of Iran’s chewing gum market as 15 trillion IRRs, 75% of which are smuggled into the country. On the other hand, official reports from the customs agency only indicate 0.5% imports of chewing gum into the country mainly from the UAE, Russia, Turkey and Italy. Shahrvand writes that one of the reasons for the popularity of chewing gum among Iranians may be the fact that many shops use gum as spare change.
The Central Bank of Iran has released a list of businesses which have received US dollars at the 42000 IRR per USD currency exchange rate. The list was published after numerous companies received foreign currency […]
A new credit line for Iran: $10b During the last week’s visit of the Governor of the Central Bank of Iran to China, an agreement was signed to extend a 10-billion-dollar credit line between five […]