21 Hrs
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المشهد العربي
Iran Confirms Enough Foreign Currency Despite Sanctions
Iran's Central Bank Governor, Abdolnaser Hemmati, stated that Iran has sufficient foreign currency reserves despite American sanctions, allowing it to inject up to two billion dollars into the market to counteract volatility. This statement comes as part of an effort to reassure the markets following hints from Iranian officials about the economic hardships the country faces due to sanctions and the American blockade, even though the U.S. Treasury Secretary confirmed that Iran is "responding fiercely" because it is losing the economic war.
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