(MENAFN) Iran's government, which is pursuing to recover the nation's economy, has decided to focus on banking interest rate and foreign exchange rate after it achieved to bring down inflation rate under 15 percent.
Accordingly, the crucial move followed the Islamic Republic's advancement of trade level with the world in the wake of the historic nuclear agreement that resulted in termination of the long weighing sanctions.
Iran's post-sanction economy is naturally experiencing a boom; therefore the nation's oil exports are forecasted to touch 1.5 million barrels per day (mb/d) next month as Tehran moves to benefit from sanctions relief.
A total of USD28 billion of Iran's unfrozen assets would go to the Central Bank and USD4 billion will be transferred to the state treasury as the share of the government," said the Governor of the Central Bank of Iran.
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