The Iranian Central Bank: We have unprecedented foreign currency reserves

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The Iranian Central Bank: We have unprecedented foreign currency reserves

Reuters

The Iranian Central Bank: We have unprecedented foreign currency reserves

The governor of the Iranian Central Bank, Abdul Nasser Hamti, stressed that Iran has unprecedented foreign currency reserves compared to the past decade.

Hemati said that the country’s exports during the first nine months of the current Persian year amounted to 31.9 billion dollars, while imports amounted to 31.8 billion dollars, meaning that the trade balance witnessed a surplus of 100 million dollars.

He added: “With the embargo started by the United States after its exit from the nuclear agreement a year and a half ago, the price of the dollar rose to a peak of 190,000 riyals (on the black market), but the enemies’ plot was thwarted by the efforts of colleagues (in the central bank) and other institutions. “.

On the situation of the currency market in Iran, the official said: “We have brought the market to stability through complex measures, which we have undertaken in the field of currency, foreign currency transfers and other methods in foreign trade.”

The Governor of the Central Bank stressed that strengthening the national economy is a major priority in the directives and concerns of the leader of the Islamic Revolution and the Iranian President.

He stressed that Iran has appropriate reserves of hard currency for the coming years, adding that according to the directives of the leader of the revolution and the President’s programs we should pay great attention to foreign currency reserves, noting that these reserves are good and at unprecedented levels during the last decade and are a strong and firm balance of the Iranian central .

Source: “Tasnim”

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