دکتر همتی

Central Bank of Iran's Governor said the bank in association with other banks controls liquidity trajectory, adding the Central Bank provides needed foreign exchange for basic commodities.

IBENA- At a meeting, Central Bank of Iran's Governor Abolnaser Hemmati and the country's banks managing directors were in attendance, the most significant issues regarding Iran's monetary and banking were reviewed and the role of banks in order to create an appropriate atmosphere for continuation of promising business sector was taken into account.

At the meeting, the banks stated their readiness to contribute and accompany the Central Bank for controlling liquidity and supporting trade activists. The banks are supposed to pursue the Central Bank's policies for controlling foreign exchange market.

The Central Bank's Governor referred to the Supreme Leader's recommendations for controlling and guiding liquidity, stressing the government's determination for controlling liquidity and supporting the Central Bank's policies.

Regarding Donald Trump Administration's effort to cut Iran's forex revenue, Hemmati said some measures have been adopted to neutralize it, adding the Central Bank provide needed foreign money for basic commodities, raw materials, people's real need and factories' intermediate goods powerfully.

The official went on to say that the government attempts the lowest pressure to be on people in economic war, expressing his hope that the current trend has led to reforming consumption pattern and imports and the country is on the track of deepening national production and export development.

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