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Central Bank of Iran continues its foreign currency policies

Finance Materials 9 January 2020 12:44 (UTC +04:00)
Central Bank of Iran continues its foreign currency policies

TEHRAN, Iran, Jan.9

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The Central Bank of Iran will do its best to defuse any attempt to destabilize the local markets, said the CBI Governor Abdolnasser Hemmati, Trend reports via his Instagram account.

"The Central Bank will continue with its foreign currency policies, to provide support for economic growth in the country, control inflation in the current Iranian year (began March 21, 2019) and next Iranian year a well," he said.

Hemmati said these measures will provide necessary help to reduce dependency on oil revenues in the next year's budget plan.

"The foreign currency market is handling the political shocks peacefully, so people shouldn't risk their properties and fall to scammers in the market," Hemmati said.

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