The Iran Project

CBI chief: Curbing inflation an achievement of Central Bank independence

Head of Central Bank of Iran Valiollah Seif

IRNA – Governor of the Central Bank of Iran (CBI) Valiollah Seif has said that control of the inflation rate is an achievement of CBI’s independence.

CBI as an independent body which shapes financial policies, has targeted stability in prices and financial stability, Seif said at a meeting held Saturday to review the policies of Economy of Resistance.

In the meeting, Seif expressed hope that the country would witness an economic boom without inflation.

He further stressed the importance of peace and stability in economy in order to avoid economic shock.

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