Iran's Rohani Dismisses Central Bank Chief Running in Presidential Election

Weary negotiators appear increasingly unlikely to revive the 2015 nuclear deal between Iran and world powers before the Islamic Republic’s June presidential election

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President Hassan Rohani speaks in a meeting in Tehran, Iran, in December.
President Hassan Rohani speaks in a meeting in Tehran, Iran, in December.Credit: AP

Iran's President Hassan Rohani has dismissed central bank governor Abdolnaser Hemmati, who is running in the presidential election in June, the Tasnim news agency reported on Sunday.

Hemmati in a Saturday night meeting on the Clubhouse social media app said Rohani "Told me that if you stand in the election, you cannot remain the central bank chief because it affects monetary and exchange rate policies."

"I told him that I had no problem with his decision," he said.

Weary negotiators appear increasingly unlikely to revive a 2015 nuclear deal between Iran and world powers before the Islamic Republic’s June presidential election, but an extension of talks could reap political gains at home for Supreme Leader Ayatollah Ali Khamenei.

A virulent combination of U.S. economic sanctions and poor management have pushed over half of Iran's 83 million population under the poverty line, resulting in a daily struggle to cope with spiraling prices and high unemployment.

The United States abandoned the international pact in 2018 under former Republican U.S. President Donald Trump, who reimposed sanctions on Iran's oil, banking and shipping sectors.

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