Iran has announced that it has enough foreign currency reserves, even with U.S. sanctions in place. The Central Bank Governor, Abdolnaser Hemmati, stated that the bank is ready to inject $2 billion into the market to help stabilize the currency, which has recently fallen to a record low. Hemmati emphasized that while the economy is facing challenges, it is not collapsing, and he believes these negative claims are part of psychological warfare. He also mentioned that Iran is collecting foreign currency receivables and has other resources, although some details cannot be shared. Meanwhile, U.S. officials have indicated that Iran is feeling the effects of the sanctions and is responding militarily due to economic pressures.
Don't miss out on breaking stories and in-depth articles.