Iran's Central Bank has provided more than $25.868bn in foreign currency for importing essential goods, medicine, industrial products and services from the beginning of the current Persian calendar year to September 23

Iran's Central Bank manages foreign currency allocation as part of its broader monetary policy whilst dealing with sanctions-related restrictions on international banking and financial transactions.

The Central Bank's public relations department said the bank supplied $6.58bn in preferential foreign currency for importing essential goods that constitute people's basic needs.

Commercial and trading sector importers received $18.563bn in foreign currency for importing machinery and raw materials.

Approximately $725mn in foreign currency was also provided for the country's service needs.

The allocation for machinery and raw materials indicates continued industrial activity and efforts to maintain production capacity across various sectors of the Iranian economy.

Service sector currency provision covers various needs including transportation, technology services and other service imports required for economic operations.