32nd Tehran Intl. Book Fair wraps up
32nd Tehran Intl. Book Fair wraps up
The 32nd Tehran International Book Fair, which opened on April 24 with the slogan “Reading Is Ability” at the Imam Khomeini Mosalla, came to an end on Saturday.

According to the international body, despite the U.S. efforts to pressure Iran’s economy, the country’s foreign exchange reserves in 2019 will remain above $100 billion, and Iran will keep its position in the region.

The IMF sees Iran’s gross official reserves at $103.2 billion in 2019, falling $5.1 billion compared to 2018.

The data presented puts the total foreign exchange reserves of the region at $1148.6 billion, nine percent of which is Iran’s share.

The foreign reserves of some other countries in the region include Algeria $55.6 billion, Bahrain $2 billion, Iraq $53.2 billion, Kuwait $37.2 billion, Libya $77.7 billion, Oman $16.1 billion, Afghanistan $8.4 billion and Pakistan $10 billion.

In its previous Regional Economic Outlook titled “Regional Economic Outlook Update: Middle East, North Africa, Afghanistan, and Pakistan” IMF predicted that Iran’s gross official reserves would reach $108.4 billion in 2018.

  • source : Tehrantimes