Iran appoints new central bank governor as economy collapses



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The Iranian government has appointed a new governor of the country's central bank, under pressure from US sanctions and suffering from an economic slowdown and devaluation of the local currency.


Iranian President Hbadan Rowhani

Tasnim News reported on Wednesday that the new head of the Organization of Planning and Management of Iran has been appointed to replace the head of the government. organization Mohammed Baqir Nobkhet. However, he said that President Hbadan Rowhani did not accept his resignation.
Rowhani is under growing pressure from activists to make changes in his economic team to better protect the economy from the actions of US President Donald Trump and quell popular discontent.
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The appointment of a new governor of the central bank suggests that Rowhani, who has talked so much about the economic successes of his presidency since the lifting of international sanctions against Tehran in the context of the United States. nuclear agreement, recognizes the need to change "The current situation requires a new force in a new spirit … I hope to see good developments in monetary, economic and banking by choosing tactics and appropriate methods", Rouhani said.
Official News Agency and Television The agency did not mention why Saif was sacked.
In May, the Trump administration imposed sanctions on Saif, accusing him of "transferring millions of dollars" to the Iranian Revolutionary Guard.

Separately, he said that he had submitted his resignation, but Rowhani did not accept it, according to reports published on the website of the Planning Organization and the Republic Islamic Iran (IRNA)
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IRNA quoted Mahmoud Waazee, saying that reports of an alternative appointment to Nebucht were incorrect.

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