Banking and insuranceEconomical

New central bank tool to block people’s money


Vahid Shaghaghishahri says about the Central Bank’s new tool to control and control the foreign exchange market and the sale of foreign currency bonds: The Central Bank’s executive package is a temporary and short-term solution. In other words, it is not a solution and we can only look at it as creating a break or time.

He adds: The central bank has announced that you should give your rials and actually receive currency bonds due next year, and go to the bank on that date and receive your dollars.

He says: This is actually blocking people’s liquidity in the current situation so that they don’t go to the currency market.

Ibn, an economic expert, emphasizes: In this way, inflammation in the currency market is prevented and liquidity is actually collected.

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