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Dr. Raisi considered the preservation of value of national currency and supervision on foreign exchange market as important tasks of Central Bank and emphasized on the serious follow-up of this issue.

IBENA- According to presidential information base; Separate reports on current state of inflation, liquidity and foreign exchange market were presented at Sunday evening meeting of Government Economic Coordination Headquarters, chaired by Dr. Raisi. Central bank's report on inflation shows that the government's plans and policies to curb inflation have been so successful that growth rate of inflation has decreased significantly at the beginning of 13th government, which had reached an unprecedented figure in last 70 years.

Emphasizing the need for more efforts to curb inflation and liquidity growth, President called on Central Bank to prevent the creation of liquidity by banks by increasing the supervision of performance of public and private banks. Emphasizing that banks should be got out of business imbalance of banks as a threat to banking system and said: This issue should be seriously considered.

Ayatollah Raisi also mentioned the issue of capital adequacy of banks as one of important challenges in country's banking system and ordered Central Bank to present and follow up an action plan to improve capital adequacy. The President considered on preservation of value of national currency and supervision on foreign exchange market as important tasks of Central Bank and stressed to pursue this issue seriously. The joint report of Central Bank and Ministry of Industry, Mines and Trade on financing of production chain was also presented at the meeting.

The President considered the preservation of the value of the national currency and the supervision of the foreign exchange market as important tasks of the Central Bank and stressed the need to pursue this issue seriously. The joint report of the Central Bank and the Ministry of Industry, Mines and Trade on financing the production chain was also presented at the meeting. According to this report, implementation of financing of production chain program will have good effects in order to reduce increasing monetary coefficient and reduce growth of liquidity.

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