20 Apr 2024
Thursday 24 January 2019 - 12:28
Story Code : 335854

Iran acted appropriately in preserving currency value: Envoy

IRNA Irans Ambassador in London Hamid Baeidinejad said on Wednesday that despite sanctions imposed on Iran, Tehran acted appropriately in maintaining currency value compared to most of the countries.

Referring to Spectator new index on performance of the countries in preserving their currency value, as they face economic hardships, he said that Iran was the best among Venezuela, Brazil, Russia, Sri Lanka, Kazakhstan, South Africa and Sweden.

Some have gotten angry over Irans better situation in this respect and accuse it of lacking information on the countrys forex rates, he said.

Based on Spectator index, value of Venezuelas national currency has declined dramatically putting it at the top of the list, with Argentina, Turkey and Pakistan coming second, third and fourth respectively.

Iran ranks 11th with 14 percent decline in currency value, followed by India and Poland as the 12th and 13th in the list.

Iran is among the top ten countries whose people have access to health and treatment facilities.
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