All basic goods, raw materials and machinery will be supplied with the exchange rate of 28,500 Tomans

According to Iran Economist, Mohammad Reza Farzin, the new Governor General of the Central Bank, in a televised interview, while thanking the government and the president for trusting him to head the Central Bank, said: the most important task of the Central Bank is to control the inflation rate and exchange rate.

He added: Of course, all governing bodies have a role in this matter, and the entire government and the government’s economic team should cooperate with the central bank in this regard.

Farzin called the new currency policy a stabilization policy and said: We will stabilize the currency and resolve the concerns of the country’s economic activists.

The Governor General of the Central Bank added: The president’s concern is the people’s livelihood, which we will provide by controlling inflation and currency. We have to adopt a new approach to fix the deficiencies.

Farzin added: “We will definitely fix the Nima price at 28,500 tomans and we will provide the import of all basic goods, raw materials and machinery at this rate.”

He said: Other currency expenses, which are around 40, will be provided in the currency exchange market. We are trying to give this rate a signal to the free market. We will meet all foreign exchange needs in Nima and the foreign exchange market, and we will continuously shrink the free foreign exchange market and bring its rate closer to the foreign exchange market rate.

In the end, he asked people to trust the central bank so that it can stabilize the markets.