April 27, 2022 20:28

Noticeable Improvement in Forex Revenue: CBI Head

While talks are underway to end the unilateral US sanctions on key Iranian industries, the CBI governor said the country is able to meet its forex need irrespective of the anticipated deal. He did not go into details

The Governor of the Central Bank of Iran Ali Salehabadi says forex repatriation from oil and non-oil exports has improved markedly in recent months.
Speaking on the sidelines of the weekly Cabinet meeting on Wednesday, Salehabadi said the country’s currency now are comparably higher from the past.
“We receive forex income from exports, particularly from crude oil,” the senior banker said. “Our currency income is comparably higher than the last calendar year [ended March 20],” he was quoted as saying by IRIB website.

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Central Bank of Iran (CBI) News