Despite the decline in global prices and the decrease in non-oil exports, the amount of foreign exchange allocation and supply in the first six months of this year averaged $7.5 and $5.4 billion per month, respectively.
On this basis, during the first six months of this year, the equivalent of $32.4 billion was spent on importing goods and services, representing an increase of 3.1% compared to the same period last year.
Along with the favorable situation of the fundamental variables that determine the exchange rate, the implementation of the stabilization policy focused on the stabilization of the currency market was one of the important actions of the government and the central bank, which able to create an environment of predictability for economic actors.
In addition, the continuation of stabilization policies will have effects on the well-being of households and the improvement of the performance of production companies, which will be determined over time.