“One of reasons for which we are witnessing calm and stability in markets today stems from policies adopted by the government,” he said.

But also, he added, Iranians are hopeful about the future and they are no longer worried about the devaluation of their assets.

“We are optimistic about the removal of sanctions,” he said as Iran and six world powers are holding last-ditch talks to reach a comprehensive nuclear accord ahead of June 30 deadline.

Jahangiri said some domestic producers have faced challenges due to stagflation in the country in recent years.