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Global Business News

The Economic Times

Global Business / The Economic Times

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Iran says it has enough foreign currency despite US sanctions

Iran's Central Bank Governor stated sufficient foreign currency reserves exist despite sanctions. He announced plans to inject two billion dollars into the market. This move aims to calm recent foreign exchange market volatility. Iranian officials acknowledge economic difficulties and livelihood management challenges. The Governor assured that collapse has not happened and will not happen.

1 Sep 2026 12:16 pm