TEHRAN, Iran, Feb.24
Trend:
Governor of Central Bank of Iran (CBI) has advised people to avoid any prompt action due to recent foreign currency hike.
"The Central Bank of Iran would defuse the foreign currency shock in the market by principle approach and experimental methods and achieve stability," said Abdolnaser Hemmatti, Trend reports citing IRNA.
"CBI is not reacting emotionally towards the excitement in foreign currency market. There is a group of individuals that seek to create psychological pressure and instability," the governor wrote on his Instagram account.
"I advise our compatriots to be cautious and avoid emotional decisions not to be fooled by dealers in foreign currency market," Hemmatti added.
The official has not commented on recent FATF decision.
"I would not comment on FATF decision on implementing countermeasures against Iran that would justify sanctions," he said.
The Financial Action Task Force has put Iran on its blacklist after Tehran failed to comply with international anti-terrorism funding norms. The anti-money laundering watchdog has called on member states to sanction Iran.