TEHRAN (Dispatches) – Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati has said that foreign exchange reserves of the country increased in the past year (ended March 20, 2019).
Addressing a meeting in West Azarbaijan province , he said; "Moreover, an important part of foreign currency required for importing products into the country has been provided using export of non-oil commodities.”
Hemmati addressing a conference on global economy and sanctions, said, ‘The import of foodstuff and medicine into the country has not run into trouble despite the U.S. sanctions.”
The official said the necessary arrangements have been made to thwart the hostile plots for obstructing the export of food and medicine to Iran.
"The enemies were seeking to create restrictions (on Iran’s imports), but thanks to the tactics adopted, there is no problem in the import of food and medicine,” he added.
Hemmati noted that the import of foodstuff and medicine is not carried out through the Central Bank channel.