Resistance of some against exchange rate depreciation
The Governor of the Central Bank, referring to the resistance of some people against the depreciation of the exchange rate, emphasized: The fundamental factors of the market will impose their conditions in any case.
According to the International Iranian Stone Exhibition, Abdolnasser Hemmati wrote in a note on his personal page in cyberspace:
The central bank's policy compass revolves around controlling inflation and contributing to the country's economic growth. In this regard, the exchange rate plays an important role as a key macroeconomic variable.
The policy of the Central Bank is based on the fact that the exchange rate should be adjusted according to the macroeconomic conditions of the country, including the trend of the value of oil and non-oil exports, foreign balance and prevention of loss of foreign exchange resources.
Resistance to exchange rate depreciation can be understood by those who have foreign exchange. But the fundamental factors of the market will impose their conditions in any case. In this regard, the reflection of importers to buy currency in the Nima system is also understandable.
Based on all these factors and relying on its market power, it monitors the exchange rate and manages it based on its set of policy objectives, available resources and tools.
At the request of the government and with the approval of the Supreme Leader, the deadline for reviewing the Palermo and CFT bills in the Expediency Council has been extended. Note that the non-assignment of FATF can be an obstacle for the country's banking system in conducting international banking transactions in the absence of sanctions.
* Tasnim
