TEHRAN, Iran, June 5
Trend:
Iranian president has urged Central Bank of Iran (CBI) to continue unfreezing country's foreign sources that have been blocked in foreign banks.
Hassan Rouhani has discussed various issues including the issue related to Iran's blocked foreign currency sources abroad, with Governor of Central Bank of Iran (CBI) Abdolnasser Hemmati during a meeting on June 5, Trend reports citing IRNA.
Hemmati reported about the CBI's efforts to unfreeze country's foreign currency funds in foreign banks. Furthermore, he informed about sales of treasury bonds and the plan to sell more securities on June 9 to cover up for budget deficit.
Hemmati said that treasury bond rates at CBI's open market would reach under 15 percent.
Forex Management Integrated System (NIMA) will resume its activities and ensure return export foreign currency revenues in normal mode, the governor added.
The president praised the efforts of the Central Bank of Iran in facilitating supply of $4 billion to importers for import of basic goods and medicines and compensating the negative impact of coronavirus on economy.
Rouhani also stressed the importance of supporting exporters and the need to supply foreign currency to importers by CBI.
"The efforts of the Central Bank to start open market operations and offer treasury bonds for financing budget deficit was a successful experience," he said.