Monetary and Banking Research Institution
Date:7/1/2018 12:47:57 PM   |   Code : 293749
Managing Currency Fluctuations through Central Bank Policies
Dr. Ali Salehabadi:
Managing Currency Fluctuations through Central Bank Policies
 

During the 28th Annual Conference on Monetary and Foreign Exchange Policies, Dr. Salehabadi as the general director of the Export Development Bank of Iran stated: “Implementing precise supervisory policies by the central bank is required upon managing fluctuations in foreign exchange market.”

“Currency fluctuations could be heightened as a result of issues such as structural conditions, liquidity growth and limitations from outside the country.” Dr. Salehabadi continued in the panel titled as Structural Reforms for Financial Stability.

According to the Public Relations Department of the Monetary and Banking Research Institute (MBRI), Dr. Salehabadi highlighted: “More severe problems arise when intense fluctuations come up which causes distortions in decision making processes as well as management in different sectors that causes limitations in investors’ prospective. This will negatively affect GDP and result in lower resistant capacities.”

Dr. Salehabadi Continued: “Currency fluctuations could ultimately play the role of a key driver of generating higher inflation in the economy as well as it will lead to higher demand in currency among individuals.”

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