Iranian central bank governor says foreign currency supply secured
Iran’s central bank governor says foreign currency reserves have been stockpiled since January 2026 to ensure market stability and meet essential needs.
Key Takeaways
AIIranian Central Bank Governor Abdolnaser Hemmati said the bank has taken proactive measures to address anticipated economic challenges by starting to stockpile foreign currency in multiple locations.
According to Iran’s Tasnim News Agency, Hemmati explained that the storage process began on January 21, 2026, as part of a plan to guarantee the availability of foreign currency needed for essential goods and medicines.
He added that these preparations have enabled the central bank to provide strong assurances regarding the supply of foreign currency, emphasizing that advance planning has helped avoid any issues in securing reserves.
Hemmati also noted that the central bank is working to maintain financial market stability despite current challenges.