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CBI Governor: Iran’s National Currency Strengthens 40%

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that the US attempts to bring the country's economy into collapse have all failed and the value of the national currency increased 40%.

“The US and its regional allies had launched a full-scale economic, psychological and propaganda war against Iran with the aim of bringing the country into collapse via economy (last year),” Hemmati wrote on his Instagram page on Wednesday.

He underlined efforts by Supreme Leader, the president and other officials as well as Iranian people’s resistance to thwart the enemies’ plots, and said, “We could confront one of the most complicated and most unprecedented sanctions and monetary restrictions and return stability and tranquility to the foreign currency market and other markets.”

“Today, compared with the last year, the national currency has strengthened 40%, the growth of inflation has been controlled and the dawn of economic growth can be observed clearly,” Hemmati said.

In relevant remarks last Wednesday, Iranian Vice-President Eshaq Jahangiri underlined the US failure to attain its desired results and push Iran’s economy into collapse through economic sanctions.

Jahangiri made the remarks, addressing a meeting of members of Council of Senior Directors of Maritime Organs.

He added that Supreme Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei delineated a major strategy, that’s to say active resistance, in the face of the US maximum pressure.

Congratulating senior directors of the country’s maritime organs on The World Maritime Day, Jahangiri appreciated them for their endeavors in tough times of sanctions.

“Era of Sacred Defense is the era of tough times and sacrifice, solidarity and sympathy at the same time,” he said.

“We have learnt a lot from the era of Sacred Defense and we should review them now that the US has started economic war against the Iranian nation,” Jahangiri said.

Referring to US attempts to bring Iran oil exports down to zero, he said that due to Iran oil sector officials’ struggles this did not happen.

The senior official also hailed Iran’s achievements in the sea transportation, saying that the US has also targeted Iran’s maritime transportation sector.

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