17 September 2023 - 10:38

Smart move of central bank prevented currency fluctuations in Arbaeen

This year, pilgrims of Arbaeen were paid dinars, and through this smart move of central bank, we did not see price fluctuations in currency market.
News ID : 140072

IBENA-The move of Central Bank in replacing dinars instead of dollars for allocating currency to Arbaeen pilgrims is commendable and supportive, Hossein Ali Haji Deligani; representative of Shahin Shahr in Islamic Council in a conversation with IBENA reporter said.

The number of bank branches for payment of Arbaeen currency increased significantly, which made it easier for people to access it, but it is necessary to be more and more bank branches for this purpose in the following years, he added.

Increasing in number of branches for granting Arbaeen currency, especially in small towns and even villages, people were able to receive their currency more easily and the process was done faster, representative of Shahin Shahr in Islamic Council emphasized.

This year, currency paid to Arbaeen pilgrims was dinar, and by this smart action of central bank there were not any price fluctuations in the currency market, but dinar also decreased in informal market, according to his speeches.

This year more than one million and 100 thousand people were able to receive Arbaeen currency without queuing and in the shortest possible time, which was 5 times compared to last year, According to report of Central Bank.


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