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FinancialNews
05-11-19
Iran's national currency's value improves by 21 percent
(MENAFN) Abdolnaser Hemmati, Governor of the Central Bank of Iran (CBI), said in an Instagram post on Monday that the value of his country"s national currency had regained value by 21 percent, adding that Tehran has succeeded in defeating US sanctions.
Hemmati stated that stability is returning to the country's economy despite Washington's banking sanctions, economic war, and embargo on Iran's foreign oil sales in the past year, Fars News Agency.
The top banker added that the US failed to reach its ultimate goal of bringing Iran to its knees and destroying its economy.
Important economic indexes like inflation and non-oil growth are improving once again, he said.
On Saturday, Hemmati said despite the United States sanctions against Iran, his nation's economy has been moving forward in areas of trade, including both oil and non-oil exports.
MENAFN0511201900450000ID1099223669
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