Governor of Central Bank (CBI) of Iran Abdolnasser Hemmati outlined the measures implemented to confront the outcomes of US economic pressures by controlling inflation as well as exchange market in the country.

Iran Press/Iran news: "The Central Bank of Iran has already taken measures required for confronting and foiling the economic pressures of the US, as well as an appropriate arrangement for controlling the exchange market and containing the inflation rate," Hemmati wrote on his Instagram page.

Efforts for sustaining and strengthening the relative stability in the foreign exchange (FX) market through implementation of special market, strengthening the integrated FX platform known as NIMA, and FX balance of the country are among them, he added.

The measures also include setting FX policies for propping up oil and non-oil exports and leading back the revenues toward the country's economic cycle, IRNA reported.

The establishment of financial mechanisms with neighbor and friendly countries and strengthening barter systems for imports also form other steps taken by Central Bank of Iran to neutralize the economic pressures.

Iran's economy has been targeted by the US sanctions with the oil industry at the center stage.

On May 3, Foreign Minister Mohammad Javad Zarif said: "Iran will find its route as it is for 40 years we have done it and this will be continued which is a tough job, but we never tolerate pressures against our nation and under no circumstances yield to their pressures and always welcome those giving us friendship hands."

On 12 December, 2018 Iranian President Hassan Rouhani said sanction is a form of economic and psychological warfare against Iran.

Speaking in a cabinet meeting, president Hassan Rouhani added, “Economic and psychological war are kinds of war and we cannot say that everything is OK.”

On May 8, 2018 US President Donald Trump pulled the US out of the Joint Comprehensive Plan of Action (JCPOA) reached between Tehran and the world powers in 2015. 103

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