0 Persons

ran's CB Boss Says Will ‘Continue Supplying’ Currency Market

Dec 2, 2022, 9:24 AM
News ID: 36805
ran's CB Boss Says Will ‘Continue Supplying’ Currency Market

EghtesadOnline: Forex reserves are in a relatively better shape and supply to the secondary currency market, known as Nima, has improved considerably, the governor of the Central Bank of Iran said.

“We expect forex supply to continue in the next few months,” Ali Salehabadi was quoted Wednesday by news outlets as saying.

In the month to Nov. 21, oil exports increased noticeably compared to the previous month and this helped the government to increase currency transfers to Nima --  pushing up the supply side above demand, Salehabadi said.