Tehran (IP) - On the sidelines of Iran's weekly cabinet session on Wednesday, the Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said that Iran has stable Currency and Capital Markets.

Iran Press/Iran News: In response to a question about the condition of Iran's Currency and Capital market, Abdolnaser Hemmati said market conditions are good. "The conditions of the capital market would not be as it is if the conditions were not good."

He referred to the stability in the country's Currency and Capital markets, pointing out that raw materials and supplies needed by factories are imported into the country.

Abdolnaser Hemmati went on to add that Iran's foreign exchange reserves are at their highest levels for the past six years.

"Fortunately, we have no problem in this regard and we hope that the situation will improve day by day, so we can do essential things for the growth of the economy and development of the country.," he added.

Elsewhere in his remarks, he pointed out that the trade balance is positive and inflation is declining, Iran Press reported. 205/211/218

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