Abdolnasser Hemmati was Reappointed as Governor Of the Iranian Central Bank

Abdolnasser Hemmati has been reappointed as governor of the Central Bank of Iran by Iranian President Masoud Pezeshkian. With the opinion and decision of the president, Abdolnasser Hemmati will become the governor of the Central Bank,” the presidential office’s deputy for communications and information wrote in a post on X.

Hemmati led the organization through US sanctions and currency devaluation while serving in that capacity from July 2018 to August 2021. Following the denial of resignation reports pertaining to departing Governor Mohamed Reza Farzin, he was reappointed.

In the face of currency swings and cost of living issues that affect Iranian households, the governor’s role entails overseeing monetary policy.With Iran experiencing financial pressure and rallies in Tehran, the country’s capital, Hemmati appears to have a big hill to climb in the role.” With the view and order of the president, Abdolnasser Hemmati will become the governor of the Central Bank,” said the presidential office’s deputy for news and information.

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