Farzin: Increase in Exchange Center Currency Rate is Cancelled

IranGate

Farzin: Increase in Exchange Rate at the Exchange Center is Ruled Out

The Central Bank Governor stated that the Central Bank has no plans to increase the 70,000 Toman exchange rate and believes that we cannot transfer inflation to goods and services by increasing the preferential exchange rate of 28,500 Tomans and the 70,000 Toman exchange rate at the Exchange Center.

Past experience shows that if this is done, severe inflation will be transferred to goods.

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