Governor of the Central Bank of Iran (CBI) Valiollah Seif said on Monday that 10 to 15 percent fall in the cost of exchanges is the most immediate result of implementation of the Joint Comprehensive Plan of Action (JCPOA).
Talking to reporters, Seif said the fall in the expenditures will help the home-made goods competitive.
He said Iranian economic activists should work in the international communities easily.
He said that on Sunday, that was the first day of the JCPOA implementation, the CBI decided to transfer part of its blocked assets from several banks to several other banks. Part of the transfers were possible, while certain others are not yet announced due to closure of European banks on the day.
He said following elimination of sanctions and the JCPOA implementation, $32 billion worth blocked forex assets of Iran will be released: 28 billion dollars out of the total belong to the CBI and four billion dollars are for government, that will be changed into rial and deposited into the treasury.
