New currency announcement on the glass of exchange/ new currency changes are coming?

The crowding in front of the exchange offices and currency branches of the banks in Ferdowsi Square was so noticeable today that every passerby went towards this crowd and automatically this question mark crossed his mind that what happened and why the demand for change has increased..

The field observations of the reporter of Khabar Online from the queue in front of one of the foreign currency branches of the banks in Ferdowsi Square, indicated that those people who came to buy foreign currency were neither travelers, nor students, nor businessmen, but rather a group who wanted to use their national card from Use currency quota.

As can be seen in the reports, the rent of the national card has reached two million tomans.

One of those who was standing in line to buy foreign currency told our reporter: I have been standing in line for a long time and they have taken our national card and I am going to receive foreign currency quota on the national card.

He stated: Of course, they say that we will not give more than 2,200 dollars, and this is despite the fact that the foreign currency quota of each person was supposed to be 5,000 euros.

In response to the question of a passerby who asked him how much he buys for each dollar, he said: The exchange price is lower than the market price.

What happens to the dollar?

In the meantime, another person who was standing in line to buy government currency told KhabarOnline reporter: I used to get currency from another exchange that was government, but it says that we don’t give currency. I also went to the bank exchange, they said we don’t have any.

Stating that I came to this bank branch now so that I can get currency, he said: They say that new currency decisions will be announced soon.

Dollar and euro transactions were stopped in the foreign exchange market

Of course, the point that the quota currency applicants mentioned was the notice that was put on the glass of the exchanges that dollar and euro transactions in this market have been stopped from today and until further notice.

According to the notification number 68 of the management of the market of foreign exchange transactions of Iran, regarding the imminent launch of the Iranian currency and gold exchange center and the transfer of all service currency costs (money orders and bills) to this center from today, Monday, March 1st, 1401, to carry out dollar transactions and Euro is stopped in the organized foreign exchange market of Iran. It should be noted that according to the announcement of the Central Bank, brokers buying currency from Iran’s foreign exchange market, who have not yet sold the purchased currency, are obliged to sell it according to the notified rules.

The activity of Iran’s currency and gold exchange center will start tomorrow

Based on the resolution of the Money and Credit Council dated 11th of Bahman 1401, Iran’s currency and gold exchange center will start its official activity in the field of currency transactions (banknotes and remittances) from Tuesday, March 2nd 1401.

Iran’s currency and gold exchange center will have several trading halls and currency and gold supply, in the first phase, the service currency hall and the remittance hall of the Iran exchange center will be opened and will start operating.

The pricing reference was announced in the market

In this regard, Mohammad Reza Farzin, the head of the central bank announced the opening of the gold and currency exchange center on Tuesday, March 2, and said: The rate that is discovered and announced in the gold and currency exchange center will be the base rate and reference price in the market. became.

Mohammad Reza Farzin stated: In recent months, the central bank has tried to provide enough currency for all the real needs of the country. Accordingly, this year, the currency provided in the Nima system for the import of all the goods needed by the country is It has grown by 48% compared to last year. While its rate has only increased by 17% during this period.

He said that according to the people’s need for currency notes, we have tried to meet all the people’s needs in 600 exchange offices and 150 bank branches, and added: As it was announced before, a new center called “Currency and Gold Exchange Center” is planned. The reason for this is that we intend to provide all the real needs of the people in foreign currency in this center.

The Governor General of the Central Bank stated that unfortunately the current rate in the market is not the rate accepted by us in the Central Bank due to the issues of expectations, and said: The rate that is discovered and announced in the currency and gold exchange center will be the base rate and reference for pricing in the market. .

Farzin added: For this reason, we have tried to set up a currency and gold exchange center, which according to the plan, we will witness the opening of this center tomorrow at 11 o’clock. It will be transferred, but now it will start operating temporarily in the organized currency market.

By stating that we will set up a remittance hall in the gold and currency exchange center, he noted: In the remittance hall, part of the foreign currency sales of various industries, including petrochemical, steel, and food industries, will be offered in the exchange center and allocated to different needs. Finds.

The Governor General of the Central Bank also stated regarding the currency and gold exchange market rate: the rate that is formed in the currency and gold exchange center will be based on foreign exchange resources and expenditures and the fundamental variables of the macroeconomics, and we are trying to make this rate definitely appropriate and outside of There should be expectations and bubbles that both the supplier and the applicant will use the foreign exchange resources of the country.

He added: We will continue to provide foreign currency for basic goods, medical equipment and other needs at the rate of 28 thousand 500 tomans, and we will provide foreign currency from the place where oil and oil and gas condensates are sold.

Regarding the provision of currency in the form of bills for service purposes, Farzin also said: As we have already emphasized, the method of providing currency in the service section should be slightly different, and during this period, a great effort was made in the central bank, and 68 service needs were identified. that the required currency of this category, including travel, medical, and student currency, must be provided in this center.

The Governor General of the Central Bank added: systems have been designed for the provision of service currency, where people can register their currency needs by referring to them, and their documentation will be checked by the relevant institutions, for example, for the student currency of the Ministry of Science and for the Ministry of Medicine Health care and medical education will check the necessary documents, and if approved, their currency will be provided by the central bank, and the central bank will provide all the real currency needs of the people in this system.

He stated that in the current situation, the central bank will try to use all the country’s past experiences and lessons in the field of currency, and emphasized: The use of past experiences is to minimize currency fluctuations and, God willing, we will witness stability in the currency market.