Tehran (IP)- Iranian President, Hassan Rouhani said that the return of foreign currency incomes will balance the foreign exchange market, and calms the foreign exchange market.

Iran PressIran news: Speaking on Tuesday at the 46th session of the government's economic coordination board, Rouhani said: "The shock created in the foreign exchange market is temporary and has no fundamental economic reason, and the balance must return to the foreign exchange market."

"What the government is looking for today is to lead liquidity based on sustainable policies to increase production and the pillars of a productive economy", Rouhani highlighted.

"The plan for implementation of this policy has started in a coherent manner, and issues such as activating the stock market to rationally supply stocks as well as activating mines, with no economic activities that some individuals have acquired over the years will be taken care of", the President emphasized.  

"Selling bonds to people in a completely economical way, and more importantly, selling government's property and lands to build housing is another significant measure taken by the government for sustainable and fundamental change in the economy so that it can turn the country's liquidity into a productive and sustainable economy", he added.

"The formation of the "Real Estate Exchange" is one of the measures that will encourage and support large-scale investment and housing production through the supply of land and the necessary financial facilities", Rouhani noted.

He went on to say: "The government is seriously pursuing its monetary policies, including controlling liquidity and inflation, as well as managing financial markets, particularly currency prices."

"The honorable people of Iran understand the conditions of the country and the problems that have inadvertently hindered the progress of the country's economic programs, Rouhani said, adding: "I am confident that together we will overcome these difficult and unwanted conditions."

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