President Mahmoud Ahmadinejad says even if the price of oil hits zero, Iran has enough foreign exchange reserves to last for 'three years'.
“As far as the foreign exchange reserve is concerned, we are in good shape, and even if the price of oil hits zero, we can manage the country for about... Show More >>President Mahmoud Ahmadinejad says even if the price of oil hits zero, Iran has enough foreign exchange reserves to last for 'three years'.
“As far as the foreign exchange reserve is concerned, we are in good shape, and even if the price of oil hits zero, we can manage the country for about three years,” the Fars News Agency quoted Ahmadinejad as saying.
“The foresight of the country's managers prevented Iran from being swallowed by the global economy, and this helped us because it decreased our susceptibility to the world financial crisis,” he said in a live TV address in Tehran on Tuesday.
Ahmadinejad noted that the sanctions imposed on Iran and the Islamic Revolution's prioritization of self-sufficiency helped Iran become strong enough to withstand the “waves of the world economic crisis.”
“We thank those countries that imposed sanctions on us because these sanctions helped Iran stand on its own two feet,” the Iranian president said Show Less >>
Having difficulty playing this video? Click here and let us know.
ShiaTV does not endorse any User Submission or any opinion, recommendation, or advice expressed therein, and ShiaTV expressly disclaims any and all liability in connection with User Submissions.
![[1 June 13] Student loan crisis hits America - English](http://m.shiatv.net/thumb/1_59831.jpg)
![[23 Feb 2014] Baghdad blocks Kurdish wages amid oil row - English](http://m.shiatv.net/thumb/1_73528.jpg)
![[12 July 13] Typhoon Soulik hits Taiwan and China - English](http://m.shiatv.net/thumb/1_61605.jpg)
![[10 July 2018] Will Trump be able to cut Iran\'s oil exports to zero_ - English](http://m.shiatv.net/thumb/1_120076.jpg)
![[01/11/19] Israel hits positions in northern Gaza Strip - English](http://m.shiatv.net/thumb/1_131675.jpg)
![[31 Oct 2012] Hegemonía mundial seguira con sus complots contra Iran - Spanish](http://m.shiatv.net/thumb/1_49014.jpg)
![[31 Dec 2013] Nasrallah has become the Lebanons person of year 2013 - English](http://m.shiatv.net/thumb/1_71001.jpg)
Comments
Add Comment