TEHRAN (Dispatches) –Iran’s Central Bank governor says government’s plans to control the foreign currency market are lading to gradual stability.
"The U.S. cruel sanctions have left impact on foreign trade and channels to bring foreign currency to the country but the government will manage the situation through the plans already underway,” Abdolnasser Hemmati said. "We are gradually moving towards stability in exchange rate in this market,” he added. The Iranian rial has risen more than seven percent against the U.S. dollar in the last week.