Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said US attempts to bring the country's economy down, have failed as the value of the national Iranian currency has bounced back by 40 percent.
Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati dismissed the latest sanctions against the CBI by the United States as evidence of Washington’s inability to impose further pressure on Iran.
Speaking on the sidelines of a cabinet meeting on Wednesday, the Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said that the US sanctions regime helped remove the dollar from trade transactions between various countries.
The governor of the Central Bank of Iran announced on Monday that bilateral talks between the presidents of Iran and Turkey focused on how to expand economic and trade relations, especially Iran-Turkey banking relations.
The Supreme Council of Economic Coordination decided to extend the authority of the Central Bank of Iran (CBI) for managing the exchange market for the purpose of stability in the foreign currency market.
The Central Bank of Iran (CBI) will start implementing its first round of open market operation (OMO) policies in late September, said its governor, amid efforts to have a better control on money supply in the country that could dampen high rates of inflation.
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that the Europeans should show their seriousness about implementation of the instrument in support of trade exchanges (INSTEX) by ordering Iran's crude.
The Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that deleting four zeros from the national currency will have no impact on the inflation rate, adding that the central bank is ready to implement the plan.
The Central Bank of Iran (CBI) announced that a long-anticipated initiative for launching a semiofficial market that could positively impact currency exchanges in the country will take shape next month.