Governor of Central Bank of Iran: Oil revenues will be allocated to commodities
09:46 - 06/01/2019
Information / Baghdad ..
Iran's central bank governor Abdul-Nasser Hamati announced on Sunday that oil revenues would be allocated to commodities and strategy.
"Foreign currency obtained from the sale of oil will be allocated to basic and strategic commodities, and in order to provide the other needs of citizens, it is necessary to take advantage of foreign currency derived from exports," Hamati said in a statement to Al-Alam television channel.
"The need for exporters to return the hard currency to the economy of the country for the well-being of citizens," Hamati said.
He explained that "if the exporters in the system 'Nima' (the comprehensive system of foreign currency transactions) more foreign currency obtained from exports will see more balance in the price of currency in the market and will help the private sector in the prosperity of production. Ending / 25