WANA (JULY 01) – The Governor General of the Central Bank of Iran stated that one of their primary objectives is to augment the foreign exchange reserves of the Central Bank, and he can guarantee that both the free foreign exchange reserves and gold reserves of the Central Bank are increasing.


With the opening of the exchange centre, we have provided the currency for essential goods at a fixed rate of 28,500, as mandated by the parliament. For other goods, we have set a variable and floating exchange rate to ensure the stability of production enterprises, he mentioned.


According to official statistics, foreign currency allocation and supply to the production sector have been increasing annually.


Fortunately, with the opening of the exchange centre, we have gained more control over the currency market. He said this has allowed us to allocate currency better and control its price.