The Central Bank of Iran’s monetary and forex policy is resilient and has resisted the perpetual hostility and economic sanctions of the United States, the bank’s governor said.
In a note posted on its social media account, Abdolnasser Hemmati acknowledged that the US penalties have piled pressure on the people and imposed economic difficulties. But he said the sanctions have failed to realize their primary goals, which include “maximum pressure” that so far has failed, and “bringing Iran’s economy to its knees” by destabilizing the money and currency markets.
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