IFP Exclusive

Iran’s Central Bank Governor Downplays News US Sanctions

The governor of the Central Bank of Iran (CBI) says the United States’ new sanctions mostly aim to serve Washington’s propagandist-political objectives.

Abdolnasser Hemmati made the comment in reaction to the fresh US sanctions imposed on 18 Iranian banks.

“A number of these banks are tasked with transferring finances in order to buy drugs and food, and the foreign banks which had transactions with these [Iranian] banks have practically received the necessary exemptions and permits to provide funding for medicines and foodstuffs,” he said.

The top banker said Tehran has had problems over the past months in terms of providing medicines and food for people due to Washington’s “maximum pressure” strategy.

“But so far, by using certain methods, we have not allowed the country to face any shortages,” he noted.

“From now on, too, the CBI along with the private sector will do its utmost through different ways to provide drugs and basic commodities needed by the people, and will not allow this issue to put more pressure on people,” he said.

He noted the US sanctions show this country’s claims of being an advocate of human rights are a lie.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

Recent Posts

Official: Iran has become regional economic, industrial hub

Iran’s Minister of Industries, Mines and Commerce Abbas Aliabadi says Iran has turned into a…

4 hours ago

Russia: US prolonging Ukraine conflict, UK blocking peace deal

Kremlin spokesman Dmitry Peskov has said Ukraine abandoned a draft peace treaty with Russia in…

4 hours ago

UN expresses concern over students arrests at US universities

The UN human rights office has voiced concern about the detention of hundreds of students…

4 hours ago

Iranian students rally in solidarity with pro-Palestine American peers

The members of the academic board, students and employees of Tehran University held a rally…

6 hours ago

Russia says repelled Ukraine drone raid on energy infrastructure

Russia repelled a wave of attempted Ukrainian drone strikes on oil refineries and energy infrastructures…

8 hours ago

Israel destroyed 70% of northern Gaza water wells

The Israeli army has destroyed 70% of water wells in the northern Gaza Strip amid…

9 hours ago