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Central Bank of Iran actively provides people with foreign currency

Iran Materials 16 January 2019 17:25 (UTC +04:00)

Tehran, Iran, Jan.16

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Iran's Central Bank (CBI) continues to control foreign currency market despite the US economic pressure and its psychological war against the country, said CBI governor Abdolnaser Hemmati, Trend reports citing Mizan.

"The Central Bank of Iran will provide foreign currency for the people and business with full strength," Hemmati said during a meeting with economists.

The official insisted that the measure taken by CBI have led to a relative stability at the foreign currency market. "As a result of those measures, the process of issuing foreign currency payment orders has been expanded through other countries."

Hemmati pointed out that the Central Bank of Iran will announce details about the rial deposit account that would be based on foreign currency in the upcoming days and will ensure an organized currency market. "These measures alongside with other plans would strengthen the stability in the country's foreign currency market."

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