BAKU, Azerbaijan, Feb. 1
Trend:
The governor of the Central Bank of Iran announced the growth of oil sales and revenues of the country.
"Considering the negotiations being conducted by Iran on releasing Iran`s blocked money in Oman, the CBI governor Abdul Nasser Hemmati expressed hope that the economic conditions of the country will be improved, Trend reports citing IRIB.
Referring to the foreign exchange rate he says that "The central bank is not in favor of keeping the rate of foreign exchange high in order to provide government`s needed liquidity.”
Hemmati said that the exchange rate in the free market has nothing to do with the supply of government needed foreign currency. “Despite the most unprecedented pressure of sanctions, the CBI made every efforts to supply people's essential goods at official foreign exchange rate (42,000 rial per dollar.)”
He went on to say that without the lifting of sanctions, the export of oil and oil products were at a very good stage. Iranian CBI governor avoided to reveal the amount of oil export and revenues. Hemmati referred to Iran-Oman long negotiations and added that "We used our blocked resources in Oman.”
Referring to Iranian blocked resources in South Korea he announced that Iran will sue the Koreans for not releasing its resources.