Islamic Republic Supreme Leader, Ayatollah Ali Khamenei, is reportedly asked the country’s Central bank to boost the national currency as Rial is crushed by US sanctions, the bank’s governor said on Saturday, promising to take all possible ways to fulfill the leader’s “order.”
Khamenei “ordered the bank at a recent meeting to strengthen the national currency,” said the governor, Abdolnaser Hemmati, quoted by the state news agency IRNA.
“We will use all of our managerial power and expertise to achieve the Leader’s goals,” he added, without giving further details on his plan to support Rrial, which lost 65 percent of its value in 2018.
Iran is facing serve financial and currency crisis since the US president Donald Trump pulled out of the 2015 Iran Nuclear deal in May.
He called the deal “worst ever” agreement, which was signed during Barak Obama’s administration.
The international sanctions hit Tehran once again especially since November. According to US officials the new wave of sanctions is the toughest imposed by Americans against a country.
