CBI governor defends Iran’s “banking diplomacy” in post-JCPOA

EghtesadOnline: Governor of Central Bank of Iran (CBI) Valiollah Seif said on Saturday that Iran’s banking diplomacy after the implementation of Iran nuclear deal, also known as Joint Comprehensive Plan of Action (JCPOA), has been able to resolve all the country’s banking problems.

News ID: ۷۷۶۱۱۴

10 May 2017

Today there is no problem for financial interaction with foreign banks and this interaction is going on well, Seif said.

According to IRNA, he rejected some remarks by certain presidential candidates in the second round of group debate on Friday as unfair, and said, “There is no problem today for fulfilling the financial needs of the country from abroad.”

Elaborating on the banking achievements of the county in the post-JCPOA era, he referred to the return of all the forex revenues from oil exports, fulfillment of the money needed for imports of the mostly required commodities of the country and unlocking Iran’s frozen forex revenues abroad.