The positive action of the 13th government in releasing blocked resources
According to Iran EconomistThe exchange rate in the country has always been affected by the economic and political conditions, and now almost 6 months have passed since the stability of the currency market, and this can be the result of the central bank’s policies to control the currency market, such as the establishment of the currency exchange center, the supply of Arbaeen currency, and the supply of foreign currency. importers of basic goods and the release of blocked currencies.
These days, the discussion of freeing the block currencies is hot. Last week, 6 billion dollars of Iranian currencies blocked in South Korea were deposited into the accounts of 6 banks of our country in Qatar.
Mohammadreza Farzin, the head of the central bank, announced: All the resources obtained are the foreign exchange reserves of the central bank and will be used according to national interests and to strengthen the rial.
In an interview with the media in America, the President emphasized that these currencies are spent on people’s affairs.
With the release of the news of the release of blocked currencies and the emphasis of the country’s highest authorities on the cost of blocked currencies, we saw a downward trend in currency prices in the market.
Reducing inflammation in the currency market
Mohammadreza Sabzalipour, head of the country’s World Trade Center, said: “The discussion of freeing blocked dollars in Korea is an appropriate action, and efforts should be made to free the currencies blocked in other countries and follow up the process of freeing them through dialogue and de-escalation.”
He added: The entry of freed currencies into the country and its deposit into the treasury will have a positive effect on the currency market and the psychological atmosphere of the society, on the one hand, and on the other hand, the Central Bank will decrease in terms of rich foreign exchange resources and people’s desire to buy currency.
This expert emphasized: The psychological atmosphere resulting from the release of blocked money reduces the inflammation of the currency market and stops the growth of the exchange rate in the market, and even if the exchange rate does not decrease, the exchange rate will remain stable.
Sabz Alipour stated: For many years, cruel sanctions have been imposed on the country, and we are not allowed to sell oil, and it is difficult to transfer money. Therefore, the country needs more resources to take positive steps.
He advised: We should look for more foreign exchange earnings, either through the release of blocked currencies or creating other foreign exchange earnings.
This expert continued: The officials should try to receive the blocked money in cash.