Rouhani: Iran to Use Foreign Assets Held Abroad to Balance Market

TEHRAN ( Iran News ) – Iran President Hassan Rouhani unveiled plans to use the foreign currency reserve assets held in other countries in order to balance the currency market at home. Speaking at a cabinet session on Wednesday, President of Iran said his administration has devised plans to balance the market situation and contain the price hikes that have put pressure on people. The Central Bank of Iran is trying to push the currency prices to a balanced rate, he noted, urging domestic exporters to abide by the regulations and repatriate the money earned by exports