Rouhani Assures Business Community on Forex Policy

President Hassan Rouhani sought to assure the private sector of the long-term effects of the government's new foreign exchange policy, saying the measures are aimed at market stability and sustainable economic growth. 
The president made the remarks during a meeting with the country's top business figures on Thursday which was the first such one-on-one talks since the administration unveiled striking new policies which included imposing an exchange rate of 42,000 rials to the US dollar on April 10. 
"[New forex measures] will be of utmost help to producers and exporters for their economic planning and to achieve this goal, cooperation and synergy between the private sector and banks are essential," Rouhani was quoted as saying by president.ir. 
The president also reiterated that the country's foreign currency earnings are in a healthy shape and that the government will provided all hard currency needs of the country with total transparency.