As Iran’s currency fell to its lowest exchange rate in 12 months, the head of Iran's Central Bank said foreign currency reserves had shot up over the past year.
Iranian Labour News Agency
As Iran’s currency fell to its lowest exchange rate in 12 months, the head of Iran's Central Bank said foreign currency reserves had shot up over the past year.
Iran has lifted restrictions on incoming foreign currency, Ali Magouli, the director general of the Import, Special and Free Zones Department of Iran's Customs Administration, said, Trend reports referring to Iranian media.
Central Bank of Iran (CBI) Governor Valiollah Seif stressed that price of foreign currency will decrease in coming days, and advised people not to buy dollars as an investment.