The director of the Central Bank of Iran has resigned.

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International News Desk

According to ug news Media Europe,Director of the Central Bank of Iran, Ali Salehabadi, has resigned from his position.reports with reference to Global times News agency Europe that this was stated by the spokesperson of the Central Bank of the country, Vafa Kamari.According to him, the Board of Directors of the financial institution accepted the resignation of Ali Salehabadi, and Muhammedrza Farzini was elected as the new head.V. Karimi said that the main reason for his resignation was the rapid depreciation of the national currency of Iran.
For information, it is reported that currently 1 US dollar is exchanged for 43 thousand regions.
It should be noted that Makhammedrza Farzini has been working at the Central Bank since 2021. In 2019-2021, he was the general director of Sahibkarlar Bank and the chairman of the bank’s Board of Directors.It should be noted that in recent days the heads of the regional authorities of 3 provinces in Iran – Sistan-Baluchistan, Kerman and Khuzistan, as well as the Minister of Roads, Transport and Urban Development have been released from their positions. Commanders of the Iranian Revolutionary Guards (SEPAH) have been appointed heads of those provinces.
Ibrahim Raisi is making changes in the government to prevent inflation and rising prices of daily necessities.
It was reported that the prices of food products, including bread, beans, fruits, vegetables, tea, milk, eggs, cheese, butter and others, increased by 72.6 percent, and prices in non-food and service areas increased by 37.1 percent.According to Iran’s Minister of Industry and Minerals, Reza Fatemi Ami, the increase in the price of cars is related to the appreciation of the dollar.Experts said that it is related to the lack of economic and financial policy of the government of Ibrahim Raisi and the protests in the country.

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