Iran's CB Boss Hopeful Some Normalcy Would Return to Currency Market

November 15, 2021
banking

T he Governor of Central Bank of Iran Ali Salehabadi has expressed hope that increase in forex revenue would help control volatility in the currency market.

Salehabadi said the regulator will continue to work towards improving forex income from non-oil export, ISNA reported.

“In the past seven months currency revenue brought into country from exports was corresponded to the whole of last year,” he said.

Apart from increase in repatriation of export income, he referred to ongoing efforts to unfreeze the billions of dollars locked assets.

financialtribune



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