MNA � Governor of the Central Bank of Iran (CBI) said Tue. that except for a �psychological atmosphere�, nothing can negatively affect the country�s foreign currency market.

Abdolnaser Hemmati, Governor of the Central Bank of Iran (CBI), addressed the 56th Central Bank Annual Meeting on Tuesday in Tehran, where President Rouhani and a number of senior officials were present.

�I started my tenure as the governor of the Central Bank seven months ago; during this period, we came under the US most severe sanctions; yet, the foreign currency rate only jumped by 12% during these seven months, whereas the US president had said he would destroy Iran�s national currency,� Hemmati said in his address to the Central Bank Annual Meeting.

He said Iran�s financial market was the enemy�s most important target, adding �currently, the market has come under proper control, to the point where the liquidity trend has not changed compared to the previous months.�

The CBI chief maintained that the recent negative developments did not leave the slightest impact on the country�s liquidity, stressing that the Iranian banks are in a better condition now.

�The conditions permeating the currency market are, at the moment, desirable, and we are going to take better decisions in the coming months that would improve people�s livelihood,� he said.

Hemmati further noted that the country�s banknote reserves are in a good condition, adding �we managed to control the market by spending the least expenses. The country�s reserves, meanwhile, have been on the rise, and our currency reserves outside the country are at a desirable level for imports.�