In the wake of the recent 12-day conflict, a senior member of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) has commended the Central Bank of Iran (CBI) for its swift actions in ensuring economic security and stability. The rapid allocation of foreign currency for essential imports played a crucial role in maintaining a steady supply of goods and preventing potential shortages or price hikes. The ICCIMA member, who preferred to remain anonymous, stated that the CBI's proactive measures helped stabilize markets and prevented panic buying or hoarding among consumers and businesses. By ensuring a smooth flow of foreign currency for essential imports, the CBI effectively mitigated the potential economic disruptions caused by the conflict. During times of heightened tensions or conflicts, economies can face significant challenges, including disruptions in supply chains, fluctuations in currency values, and increased uncertainty. The CBI's decisive actions aimed to insulate the Iranian economy from such adverse effects, safeguarding the interests of businesses and consumers alike. The ICCIMA member further praised the CBI's communication efforts, which played a crucial role in managing public expectations and maintaining confidence in the country's economic resilience. Clear and transparent messaging from the central bank helped alleviate concerns and discouraged speculative behavior that could have exacerbated economic instability. While the 12-day conflict posed significant challenges, the CBI's swift response and effective coordination with relevant stakeholders, including the ICCIMA, ensured that the Iranian economy remained relatively stable and resilient during this period. The ICCIMA member expressed gratitude for the central bank's efforts and emphasized the importance of such coordinated actions in safeguarding the nation's economic interests during times of crisis.

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