Business And Markets

Central Bank of Iran Awaiting New Governor

CBI Awaiting New Governor
CBI Awaiting New Governor

With speculations about the removal of the governor of the Central Bank of Iran, Abdolnasser Hemmati, turning into reality, the CBI is waiting for a change of guard. 
Running in the presidential elections in mid-June, Hemmati confirmed that President Hassan Rouhani wanted him to leave because his election campaign could interfere with his duties as the top banker. 
“The president is of the opinion that my candidacy in the election could have an impact on the banking and monetary system. He reportedly has met several economists to find a replacement,” the outgoing governor told Clubhouse Saturday evening.  


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