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Iran has enough foreign currency despite US sanctions, central bank chief says

Middle East 2 sources 2 countries 🔦 Under-reported 49m ago

Central Bank of Iran Governor Abdolnaser Hemmati announced on Tuesday that the country possesses sufficient foreign currency reserves to withstand ongoing United States sanctions. Hemmati stated that the central bank is actively collecting foreign currency receivables and utilizing domestic reserves and other available resources to maintain stability.

The statement serves as a direct rebuttal to the economic pressure exerted by the United States. In his remarks, Hemmati specifically addressed the U.S. President, asserting that Iran maintains the necessary financial liquidity to navigate the current geopolitical and economic climate.

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Middle East Eye (GB) Highlights the confrontational nature of the message toward the U.S. President.
Read the full story at the source Middle East Eye · GB
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