On the sidelines of a meeting with Swedish Minister for Enterprise and Innovation Mikael Damberg, Valiollah Seif said Iran will officially have a unified exchange rate in a maximum of six months after sanctions removal.
“One of the prerequisites for stabilizing the exchange rate is having good international communications leading to rapid mobilization of resources which becomes feasible once the international sanctions are cancelled,” he added.
He further emphasized that the country’s state-run banks will soon rejoin the Society for Worldwide Interbank Financial Telecommunication (SWIFT); “currently, a working group at CBI are preparing the premises of the project,” noted the official.
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