Tehran faces no forex problem even without Vienna agreement: Iran's central banker-Xinhua

Tehran faces no forex problem even without Vienna agreement: Iran's central banker

Source: Xinhua

Editor: huaxia

2022-04-28 02:04:30

TEHRAN, April 27 (Xinhua) -- The Iranian central banker said on Wednesday that even without an agreement in the Vienna talks on the revival of a 2015 nuclear deal, Tehran will face no problem in acquiring foreign currency resources.

Ali Salehabadi, governor of the Central Bank of Iran, noted the administration of President Ebrahim Raisi has restored the country's capacity for oil production and its byproducts to the pre-sanction levels, according to the official news agency IRNA.

Making the remarks in an address to reporters on the sidelines of a cabinet meeting, Salehabadi added that Iran's foreign currency incomes have increased, and in the past month the reserves were in a favorable situation.

The country has collected the money for its exports, particularly in the oil sector, he said, adding Iran has also received its financial claims from Britain.

In mid-March, the Iranian Foreign Ministry spokesman Saeed Khatibzadeh said Tehran collected its overdue debt from Britain.

Iran signed the nuclear deal, formally known as the Joint Comprehensive Plan of Action, with the world powers in July 2015. However, former U.S. President Donald Trump pulled Washington out of the agreement in May 2018 and reimposed unilateral sanctions on Tehran, prompting Iran to drop some of its nuclear commitments under the agreement in retaliation.

The sanctions have, among other things, blocked Iran's access to its assets frozen in foreign banks.

Since April 2021, several rounds of talks have been held in the Austrian capital between Iran and the remaining JCPOA parties to revive the deal.