Iran’s Central Bank Governor Abdolnaser Hemmati said he is hopeful his visit to Baghdad on Monday and successful talks with Iraqi officials would enable Tehran to use more than $5 billion of its funds in the country.
Central Bank of Iran (CBI) Governor Abdolnaser Hemmati said that the country’s monetary base expansion in the first half of the current Iranian year was a modest one as he dismisses claims the lender used extra finances to fund imports based on an official rial price of 42,000 against the US dollar.
Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said that despite the US maximum pressure, the country expects improving conditions for its foreign currency market due to growing crude exports.
Since the beginning of the current Iranian year (March 20, 2020), the Central Bank of Iran (CBI) has paid $14.5 billion for basic and essential goods, despite the coronavirus and its associated problems, said Iranian President Hassan Rouhani on Wednesday.
The Central Bank of Iran (CBI) has ordered a new limit on withdrawal of cash from banks amid toughening of rules on money laundering and also concerns about hoarding money because of the new coronavirus pandemic.
Iran's total foreign debts at the end of June 20, 2020, reached $8.655 billion, showing a 4 percent decrease compared to the preceding year, said a report recently published by Central Bank of Iran (CBI).