Iran's CB Says Has ‘Enough Resources’ to Control Spiraling Forex Rates

Governor of the Central Bank of Iran, Ali Salehabadi, says the bank has enough resources and tools to stabilize currency and gold prices that have rocketed to unprecedented high in the past several days.
"The CBI's ultimate goal is stability in the currency market. It is present and intervenes to direct it towards stability.
"We have resorted to policies to this end," Salehabadi was quoted as saying by the Persian-language Eghtesadnews website on the sidelines of the weekly Cabinet meeting in Tehran on Wednesday.