The media quoted Iran's central bank governor Abdul Nasser Hemati as saying that the fund aims to absorb foreign exchange funds to fund “economic activities and income-generating projects” that have not been specified. Investors invest in foreign exchange into the fund, and there is no need to exchange foreign exchange for riyals. Hemati did not specify which investors the fund was open to, nor did it disclose the size of the fund. Fund subscriptions will commence next week.

The media quoted Iran's central bank governor Abdul Nasser Hemati as saying that the fund aims to absorb foreign exchange funds to fund “economic activities and income-generating projects” that have not been specified. Investors invest in foreign exchange into the fund, and there is no need to exchange foreign exchange for riyals. Hemati did not specify which investors the fund was open to, nor did it disclose the size of the fund. Fund subscriptions will commence next week.