خبر انگلیسی

CBI governor:

Currency market is moving toward stability and predictability

Iran’s currency market is moving toward stability and predictability.

Abdolnaser Hemmati, Governor of Central Bank of Iran (CBI) said the currency market is gradually moving toward stability and predictability after a year of turmoil, mostly because of foreign pressure and sanctions.

He also said: “I am still following my vows regarding protection of CBI’s resources.”

In recent months, the value of Iranian Rial has been recovering against the U.S. dollar as the CBI policies for shielding the currency against the U.S. sanctions took effect.