Jan 24, 2019, 4:22 AM
News Code: 83182006
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Iran acted appropriately in preserving currency value: Envoy

London, Jan 24, IRNA – Iran’s Ambassador in London Hamid Baeidinejad said on Wednesday that despite sanctions imposed on Iran, Tehran acted appropriately in maintaining currency value compared to most of the countries.

Referring to Spectator new index on performance of the countries in preserving their currency value, as they face economic hardships, he said that Iran was the best among Venezuela, Brazil, Russia, Sri Lanka, Kazakhstan, South Africa and Sweden.

Some have gotten angry over Iran’s better situation in this respect and accuse it of lacking information on the country’s forex rates, he said.

Based on Spectator index, value of Venezuela’s national currency has declined dramatically putting it at the top of the list, with Argentina, Turkey and Pakistan coming second, third and fourth respectively.

Iran ranks 11th with 14 percent decline in currency value, followed by India and Poland as the 12th and 13th in the list.

Iran is among the top ten countries whose people have access to health and treatment facilities.

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