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FinancialNews
09-10-21
New Governor of Central Bank of Iran prioritizes stability of forex market, banking network
(MENAFN)Ali Saleh-Abadi, the new Governor of the Central Bank of Iran emphasized controlling inflation, observing the banking network as top priorities of the bank, and stabilizing the forex market during his tenure.
The official further declared that “The most important priority of the Central Bank is to control inflation, and with the help of the government's economic team, which includes the Ministry of Finance and Economic Affairs, the Ministry of Industry, Mining and Trade and other ministries, we try to stabilize various markets in the coming months.”
Saleh-Abadi added that “Stability in the forex market is also one of the priorities that will be pursued and the necessary mechanisms have been devised to have balance in the foreign currency exchange market.”
Directing the resources of the banking system to the productive and knowledge-based sectors is likewise amid the priorities of the central bank, he added.
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