85270
President Says No Need to Worry About Prices of Basic Goods
President Says No Need to Worry About Prices of Basic Goods
Wednesday, April 25, 2018

Iran President Says No Need to Worry About Prices of Basic Goods

Wednesday, April 25, 2018

Iran President Says No Need to Worry About Prices of Basic Goods

President Hassan Rouhani sought to reassure the public about his government's ability to tackle the currency crisis and maintain economic stability.
"We have taken a firm decision regarding the foreign exchange market to ensure calm and tranquility among the people. No one should worry about the import, export and supply of basic goods," Rouhani told a public rally in Tabriz, East Azerbaijan Province, on Tuesday.
On April 9 the government announced a unified rate of 42,000 rials to the dollar and outlawed the use of all other rates. The move came after the rial lost close to half its value on the free market since last September, sinking to a record low of 60,000. 
"All the requirements of the country can be imported using the 42000-rial exchange rate and basic commodities will be provided at previous prices. The people should not worry about imports," the president was quoted as saying by his official website.   
 

Premium

To continue reading this article log in to your account, or join us now and get a free trial which includes access to this specific story.

You will not be charged for your trial and there is no obligation to purchase.

Create an account or sign in

Short URL : https://goo.gl/BXZ3qE
04/25/2018
  1. https://goo.gl/6MRmQ1
  • https://goo.gl/vygHq8
  • https://goo.gl/R21eut
  • https://goo.gl/ZZRbmi
  • https://goo.gl/a9vy6c

You can also read ...

Russia Says Will Continue Efforts to Maintain Nuclear Deal
Moscow is aware that all participants in the Iran nuclear deal...
Rouhani to Visit China
The presidential chief of staff, Mahmoud Vaezi, said Wednesday...
Presence in Iraq, Syria at the Request of Governments
A senior security official on Tuesday reiterated that the...
EU representatives are trying to persuade Tehran to respect the terms of JCPOA agreement even after Washington' withdrawal.
Foreign Minister Mohammad Javad Zarif on Wednesday strongly...
A senior official said Iran and Egypt need to improve...
President Hassan Rouhani downplayed the recent anti-Iran...
Gholamali Khoshroo
Israel and Saudi Arabia have long been violating human...
No Outside Approval Required for Developing Defense Needs
Chief of Staff of the Armed Forces blasted the US for drawing...

Add new comment

Trending

Googleplus