Iran’s President has sacked the head of the Central Bank in anticipation of US sanctions

Президент Ирана уволил главу центробанка в ожидании санкций США

Trump has intensified its rhetoric against Iran after threats Rouhani

New Governor of Iran’s Central Bank became Abdolnaser, Hemmati, who headed the state insurance company Bimeh Markazi Iran.

Iran’s President Hassan Rouhani dismissed the head of the Central Bank of the Islamic Republic Valiulla Seif, who held this position for the past five years. The official dismissed Wednesday, July 25, due to the financial crisis and the need to prepare for tougher sanctions, reports news Agency Mehr.

New Governor of Iran’s Central Bank became Abdolnaser, Hemmati, who headed the state insurance company Bimeh Markazi Iran and informed the Iranian Bank Melli.

According to analysts, the change of the head of the Central Bank is only the beginning of large-scale rearrangements among economic and financial leadership of the country, writes the Financial Times.

“The Cabinet needed a new change in order to cope with the current economic crisis and the US sanctions – said FT editor of the journal Iranian economic. – Perhaps, under the circumstances, Hemmati not the best candidate, but he is definitely going to be better than its predecessor, which was not suitable for such a crisis.”

Earlier, the us leader Donald trump reacted harshly to the statements of Rouhani, warned that a possible conflict between Washington and Iran will be the “mother of all wars”.

 

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