Iran to fight inflation

Iran to fight inflation

 

President of the Iranian Central Bank Mahmoud Bahmani said that Iran will fight inflation by selling bonds, gold coins and reduction of liquidity, Trend reports.

Gold was purchased and reserved for 15 years and encountered no problems in sales. The currency market of Iran received about $3 billion and $2 billion from the government to import food last month.

Western sanctions passed against the petroleum and banking fields of Iran caused inflation of about 30% last year.

 

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