Tehran (IP) - Central Bank should maintain a strong presence in foreign exchange supply for meeting people's essential needs, President Rouhani asked on the Governor of the Central Bank of Iran.

Iran PressIran News: President Hassan Rouhani called on the Governor of the Central Bank to continue to play a strong role in providing the currency needed for essential goods of the people and production units, and at the same time, cooperate with the relevant institutions to seriously monitor the foreign exchange market.

Speaking with Governor of the Central Bank of Iran Abdolnaser Hemmati on Friday, Hassan Rouhani said: "The central bank's measures in the extensive supply of resources required by exporters and the targeted interventions in the foreign exchange market in recent days, as well as the central bank's special measures to provide foreign exchange for basic goods and medicine, must continue".

The President called on the Central Bank to continue its strong presence in meeting the needs of the people and production units, saying: "The central bank should strengthen the supply of NIMA currency and focus on providing the currency needed by the basic goods of the people and the raw materials needed by factories."

Rouhani said: "Due to the gradual reopening of the country's borders after special care during the Coronavirus period and the return of exports and imports, we hope that the balance will return to the foreign exchange market as soon as possible."

Iran’s domestic Forex Management Integrated System locally called as NIMA and has been established for exporters to re-inject their earned foreign currency to the domestic forex market. That means it allows exporters of non-oil commodities to sell their foreign currency earnings to importers of consumer products. 207/205

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