Iran's Central Bank chief says regime has enough foreign currency despite US sanctions, blockade

The central bank was ready to inject up to $2 billion into the foreign exchange market to calm recent volatility, while the Iranian rials plunged to a record low in August.

Iran's currency plunged to a record low in August, crossing the psychological threshold of 2 million rials to the US dollar, while annual inflation reached 66% in July.

DUBAI, Sept 1 (Reuters) - Iran has sufficient foreign currency reserves despite U.S. sanctions, Central Bank Governor Abdolnaser Hemmati said on Tuesday, after U.S. Treasury Secretary Scott Bessent said Tehran was lashing out because it was losing the economic war. The central bank was ready to inject up to $2 billion

Iran has enough foreign currency despite US sanctions, central bank chief says Central Bank Governor Abdolnaser Hemmati said on Tuesday that Iran has sufficient foreign currency reserves despite US sanctions. "I am telling the President of the United States: Iran has (foreign) currency and it has enough," he said

DUBAI, Sept 1 - Iran has sufficient foreign currency reserves despite U.S. sanctions, Central Bank Governor Abdolnaser Hemmati said on Tuesday, after U.S. Treasury Secretary Scott Bessent said Tehran was lashing out because it was losing the economic war.

Iran says it has enough foreign currency despite US sanctions  Dawn

Iran says it has enough foreign currency despite US sanctions  Reuters