Governor of the Central Bank of Iran called on South Korean banks to release Iran’s oil funds frozen under US pressure, warning that the Islamic Republic reserves the right to take legal action under international law.
The Central Bank of Iran (CBI) is taking serious steps to establish stability in the market, said its Governor Abdolnaser Hemmati in an Instagram post on Monday.
Iranian President Hassan Rouhani praised the Central Bank of Iran (CBI) for its efforts to cope with the domestic demands and provide the necessary funding.
CBI governor says this body will spare no effort in helping the domestic economy emerge from the crisis caused by the coronavirus outbreak in the country.
Iranian banking system will provide maximum assistance to the domestic tourism sector businesses that have been harmed by the coronavirus spread.
CBI is ready to assist the government to overcome its challenges and promote economic growth through a large-scale open market operation.
Iran CBI Governor: Iran decided to provide those suffering from economic hardship due to the new coronavirus spread in the country with financial support.
CBI announced that it will allocate at least €250 million for importing drugs and medical equipment to fight the coronavirus spread in the country.
Governor of the Central Bank of Iran deplored a decision by the Paris-based FATF to blacklist the Islamic Republic, saying the move would have no effect on the country’s foreign trade and domestic forex rates.
Governor of the Central Bank of Iran Abdolnasser Hemmati says the Financial Action Task Force (FATF) is unlikely to put the Islamic Republic on its financial blacklist.