Speaking to reporters on Sunday, Hemmati said the previous Iranian year (which ended on March 20) was an “exceptional year” in terms of economic pressures on the people by causing exchange rate fluctuations.

IRAN NEWS NATIONAL DESK

“Of course, the enemies’ goals were much more than (creating) economic problems but we did not allow them to reach their goals,” he added.

The CBI governor further said the enemies also have secret plots to disrupt the foreign exchange market in the beginning of this year, adding that they should not be allowed to gain their goals.

Back in January, Hemmati explicated the CBI’s plans to neutralize the economic pressures and psychological war waged by the US and its allies with the aim of destabilizing Iran’s foreign exchange market.

Hemmati also said that backing domestic production is the main priority of the Central Bank of Iran (CBI) in the current year (started Mar. 21, 2019).

For this purpose, Hemmati called on all chief executives of banks to help boom production sector through granting facilities to the industrial and production units.

He made the remarks on Sunday among chief executives and members of the Board of Directors of the banks, finance and credit associations and said, “despite many ups and downs and conspiracies waged by enemies against the country, banking system of the country took effective steps and managed to solve relevant problems.”

Turning to the concentration of enemy on the Money and Foreign Exchange Market in order to attain its malicious objectives, he said, “in the past year (ended March 20, 2019), enemy had orchestrated special program in order to disrupt Money and FOREX Market but it [enemy] failed and could not realize its objective in this field.”

Hemmati evaluated activity and performance of banking system of the country in the previous year (ended Mar. 20, 2019) ‘appropriate and positive’ and added, “it is expected that banking system would be managed appropriately in the current year (started March 21, 2019) especially in the field of controlling liquidity.”

Head of Money and Credit Council also referred to the unexpected events in the early days of the current year and added, “unfortunately, a great number of people faced serious problems in the wake of devastating flood in most provinces of the country.”

He promised flood-hit people across the country that CBI will make its utmost effort to solve problems facing these people through offering necessary facilities and loans.