let's choose, indeed, the mahd farsh festival is being held all over iran . in the name of allah, the most merciful , the most merciful, greetings to you, dear viewers , we are at your service with the news section of one morning. in his 10th live radio and television conversation with the people, mr. raisi called this operation a very clear manifestation of revolutionary rationality and promised.

but we will stand with strength against those who want to be hostile to iran. the president added that european countries and other countries if if they want to have good relations with iran, we are ready to help them. in another part of this conversation about domestic issues including the housing problem, mr. raisi said that the government is working on the promise of providing housing . the president also said about inflation, we tried to control the causes of inflation and the inflation trend has decreased, but this is a matter of time. mr. raisi from becoming operational. the managers' guidance patrol announced and said:

so far, nearly 100 government managers have been transferred. president, reforming corrupt structures. the publication of the financial balance of 2000 companies, the announcement of the names of bank debtors, the facilitation of the issuance of business licenses , the implementation of 90 percent of the trade system, are among the measures taken by the government in the field of fighting corruption and establishing justice . mr. raisi on cultural issues, including. hijab and afaf also said that everyone should adhere to the hijab law. stating that the enemy seeks to humiliate our society, the president said that the adherence of our women and girls to hijab is rooted in beliefs and people will not let the enemy achieve his goal. pointing out that the basis of the institutions in our country is the people's vote, the president asked the people by participating in the second round of the islamic council elections.

the commander in chief of the irgc said in this ceremony that the sadiq operation was a heavy and irreparable blow to the regime. this brutal regime showed how this densest and densest defense zone in the world, where the united states, france, and england are part of the arab countries and governments, unfortunately, who

have made their land the starting point of their operations, how can it face a limited offensive attack just for an offensive purpose without any care. giri showed that it is susceptible and breakable. the head of the deh karamat headquarters said that 120,000 program titles have been prepared for this decade across the country. to according to hojjat al-islam, the motto of this year's ten honors is with you, and the opening ceremony of this decade will be held on thursday, may 21, in the shrine of hazrat masoumeh, may god bless him and grant him peace. the most important celebrations

are the sunset celebrations in 2000 places in iran and the world with the presence of the servants of the holy shrine of razavi. all these celebrations will be held in villages and cities. some of these celebrations are very big celebrations in the stadium and in different cities. this gathering will take place . we have the imam reza international congress, which is the fifth congress in mashhad with senior officials will be held the meeting of the best girl in the world will take place in 200 cities of the country, and these will gather in the name of fatima masoumeh, peace be upon her, our dear girls, and express their devotion, with happy programs and good content on this topic, our friends are planning a ceremony to thank the benefactors

of tehran university were held in the presence of the president of tehran university, according to the ceo of the university supporters foundation. tehran, 600 faculty members and staff allocate an amount for this work every month . a ceremony to honor the benefactors of tehran university. encourage your loved ones. in this ceremony, out of 303 good deeds in different departments a thank you plaque and a statue were given to those who were grateful. what does it mean when the other side does good? this means that this blood flows in his own body. this beautiful heart. a woman will be full of energy and it is a very sweet job. loved ones should do this work to earn it. people who want to be good should help the disadvantaged and orphans . they should serve the society. help as much as you can. if

it's more, you can do more, but if it's less , you can help with the same amount . you want it to be special but now there is no need for it to be a big amount as every person can help. in 2013, the number of benefactors of tehran university supporters foundation was about 40 people, while in 1402, the number of benefactors has increased to 1,200 people. we hope that with the activity those that are being implemented are 1,200 good-minded people who are cooperating with us, god willing, it will develop and what we have aimed for is about 200 people, we are trying, god willing , this year, which was a good year , is the 175th higher education in the world, god willing, we will be able to achieve this share. increase participation both quantitatively and qualitatively, god willing

we believe that donations to the university of tehran must have two important conditions, one is that the donations are shariah and the other is that they are legal. the university is open to the people who can help the youth of this country who are our talents and we can witness the sustainable excellence of iran in the hands of your blessing in 1402 . it was about 300 billion tomans . mohammad ebrahim pakzad, sed and cima news agency. and following the technical incident and the publication of a picture of the axle separation of the amoy mmodel ik pro car on the qom road

in isfahan, the company of car managers called for a nationwide inspection of all these car models. car managers asked customers to refer to the sales and after-sales service agencies of m vim and phoenix companies in all provinces from may 18 to june 6, 1403 , so that the car will undergo a technical and detailed inspection to resolve their concerns. of course, the car managers said that the damaged car had an accident a year ago and its owner had not gone to the main dealers for the necessary repairs and services. very thankful. thank you, the next part of the news is at 2:00 am.

iranian coach. sharaf iran is playing a telegram game with the country, why is this month pricing , your question is an interesting question, you are a football board member. in the name of god, greetings, courtesy, respect, service to each and every one of you viewers. dear and respected program , we are at your service with another debate. do you know how long the gold and coin auction

has been conducted through the exchange center? before this , this route was followed and conducted through the commodity exchange. this is the subject of the debate in this part of the program is placed higher so that we can see which route is more ideal and which one the path can provide a better id for the people and the policy makers, the supply of gold in the commodity exchange , which was the beginning of the supply, in one period, i think it was a quarter of a coin, and the price decreased by one or two million , but then, for example, the prices changed a little, even for example, a series of orders up to 15-16 million were traded for them at the same price . there were criticisms like this. the central bank came through the exchange center and did this. being criticized for doing the work in the way it is. must be available at the labor exchange. ok, what he is doing in other countries i would like to express my criticism to

the central bank in your presence, and i would like to express my concern to your presence that in any case , both methods that i presented to you have pros and cons. in this program we want to discuss with two experts in this field and this path let's check it together and see where the problems came from. thank you , please stay with us until the end. yes , mr. farzani, a banking expert, is present here in our studio, and mr. shahbazi, an economic expert , is in favor of offering gold and coins in the commodity exchange. mr. farzani is in favor of offering them in the exchange center. we will have a discussion. hello and god bless both guests of the program. i want to start with mr. shahbazi and this question, basically, the reason for your opposition to the supply of gold, which is at the center of the equation of width and gold , where does it come from and what is the reason in the name of allah, rahman, raheem. greetings. and i have the courtesy to serve you and dear guest

mr. farzani and the esteemed guests and esteemed viewers, that the reality is that the management and policy making in the field of gold, coins, and trinkets is what is clear and certain. it is the central bank. and the reason is that gold is a strategic commodity the behavioral opinion is similar and related to the discussion of the value of the national currency, so the central bank is responsible for policy making in the area of ​​gold. this is clear, not only here in other countries, such as the united states, where at least the federal reserve in the time frames now contracts that concludes 5. but

the second issue is that, well, the executive policies of the gold sector are the responsibility of the central bank, but what will be the executive arm of these executive policies? this is the point of contention . it is and has been in our country until now well, it was the stock market. commodity exchange in our country , we also have in other countries, chicago commodity exchange , dubai gold exchange, and other countries that exist now , we have many commodity exchanges and the reasons are clear. well , now there is the issue of transparency for the stock market , there is the issue of efficiency for the stock market , which i will explain in detail if you want, and things like this have led to the stock market interfering in iran . there is another issue in iran, unfortunately, politics . totally passive investment of gold by the bank it has been a managed center since 2007, where

iran's kale stock exchange company is somehow doing shamshetala transactions, but the question is , what policy has our central bank made in this area, to clarify what it has done, and now it has brought the past year to this direction. to take charge of this matter as well , not that we want to take the policy making of bank tala from the central bank, which is definitely their duty , but the question arises as to why. the executive arm of the policies adopted by the central bank should be an institution, now under the name of the gold and coin exchange center, the reality of the benefits that the stock exchange lt is. i am saying that what is happening in the world and what has happened as experience has shown that it is traded in the commodity exchange, not in the center of the exchange center, which is the policy-making body, what is the reason, transparency is the thing. it is clear that in the stock market , we can clearly

see the real codes, at least if we don't see the names, we can see the codes, the volume of supply, the volume of demand, and the price is somehow clear there. it is possible, and since 2007, producers have been taking it there, and it had led to the prosperity of the country's gold industry. apart from this, we have the discussion of tools. the tools that are in the stock market to reduce the risk of future tools, such as option tools, are these also possible in the central bank to apply them , are they not licensed by the supreme council of the stock exchange? therefore, the tools that are proposed in the secondary market for these gold and coin transactions in the stock market. commodity exchange has already been experienced since 2007 in a transparent manner, this information has been fully provided to the regulatory bodies, the so-called tax organization, so they could easily trade and it was also clear, and i say that in other countries of the world, this was the main reason for innovation. it is not a question of the stock market itself

, i will tell you a series of main requirements for your service. it has gold transactions. gold and coins are the second issue. we are faced with the fact that, mr. farzani, why do you agree that it should be offered in the market of the exchange center and not in the commodity exchange , where does your opposition to the commodity exchange come from? in your program and dear viewers , i have to ask you to watch the market now exchange center gold, well, the broad part is very characteristic, in fact, it is not a secret to anyone that the central bank , as a horizontal policymaker, based on both the legal rules that govern the country and as the custodian of accounts and foreign exchange reserves, as a rule, the relations of the country, now we have some it is also special in the field of foreign exchange, as a rule,

no one has the ability to regulate the market, but in the field of gold, well. from several aspects, we can give this issue to the central bank, from the first aspect, it is a question of legal powers, legal powers, both in the monetary law of the country, which is dated 1951, and in the discussion of the new law of the central bank, which was passed in november of this year. in the past, the honorable islamic council came and approved this authority, and even in fact i wrote the executive documents. it is entrusted to the central bank, which we will discuss in its own section . there is definitely an issue that this market that has been created is usually the executive arm of the central bank's monetary policies, that is, when the central bank starts issuing bonds based on this matter, or in fact the cash market, in fact

gold, is actually a policy debate. what does ankhbazi mean? one of its goals can be that we actually collect money from the market let's collect from the society, considering the large volume of liquidity in the society, a monetary policy can be implemented, in this aspect , it could not be done through the stock market. it could be realized faster and more easily through the central bank, and the next point that exists in response to the discussion of transparency should be mentioned that considering the current situation in the field of currency , transparency is due to the special conditions that exist for the discussion of land reserves and currency management in the country and not disclosing the information correctly it is necessary for the central bank

to carry out this work in a confidential manner, because it will be the country's secret information. and as a result, this issue is justified, that is, the point that mr. shahbazi mentioned in the transparent area that we could see in the stock market, which we could see clearly now , you are telling us at least some information that we need at all. considering that in cash transactions , the supplier is only the central bank, as a result , basically, the definition of the market or basically the definition of the stock market is actually defined as the mechanism of the commodity exchange. it can't mean that the basic definition is the simplest definition that we have to say is a place where there are many and knowledgeable suppliers and buyers. those many and knowledgeable applicants should be present , now we don't have the supply side, and the private sector is not the supplier of this issue, and only the central bank

is supplying. in what order do you want to supply it ? in what order should this matter be decided? well, the central bank can definitely do this much faster . it can coordinate more easily when whose executive tools are at their disposal. ok, so this is actually the issue that we say, well, we have the stock market and it can be done from there, so we can say that this issue, in fact, the supply of gold and the cash market, practically does not have the definition of the market at all and the impact of the definition of the stock market. another point that in fact , we have and we must deal with it. the central bank believes that you have in the literature, in fact, investment. we have been in the capital market for a year, if the central bank is doing the actions it is taking, bonds with a maturity of less than one year it is a year, so it means that it is a monetary instrument, that is

, how much is your tolerance for two weeks, 7 working days after the announcement of the success of the auction ? a definable short-term maturity instrument in the money market. it is happening and from this point of view, we can say that the central bank has the right scientifically to take such an action. let's take it to the exchange center or not you see, all over the world monetary policies are made by the central bank, that is, stabilization of the ax. the problem here is, because it has this right and is a policymaker, should another institution

be established by itself, so that the discussion of corporate governance gets into trouble, legal discussions get into trouble, the issue here is, should we give this right to the central bank ? may it come true, since 2007 until now, more than 6 tons of gold have become gold bars the term offered in the commodity exchange, we had a problem in terms of transparency from the direction and therefore i cannot accept as a convincing reason your requests to create a third party entity, opposite the central bank, which is also on the supply side. it exists on the demand side, and this central bank wants to make policy, this is not logical, it is not rational, i would like to tell you that in terms of the monetary policy that you mentioned, is it not the case that in the past periods, the supply of gold from the central bank side? these took place in 2011, 2016, 2016 , 2016, 2016, 2016, 2016, 2016, 2016, 2016, 2016, 2016, 2016, 2016, 2016, 2016 in the short-term and long-term process, it was able to be effective . our question is, how much more

was it able to cover liquidity as a monetary policy ? i don't think it will be a high percentage, and the problem is that the central bank obliged to enter he wanted the importers, i.e. gold importers, to supply their own gold in the currency exchange center. first of all, this position defined for the gold exchange center is contrary to article 2 and 20 of the law.

mention the maturity date, which is the maturity date in the exchange center, now the short-term maturity date in the stock exchange now, this long-term maturity, which i don't think is much of a point of discussion , it is not very important in my opinion, but one of the situations that we want to bring up the currency exchange center is whether it is important or not if this center is to continue. currency, well, we have consequences, such as dual rates. we never saw the benefit of dual rates. right now, the rate that

is mentioned for gold in the so-called commodity exchange is lower than the figure that is extracted from the currency and gold model center and traded there. to start from the last one that this time has come is an unimportant matter you, as mr. i said, i would like to ask you to look in the maturity section. no, we basically define the categories of money market and capital market based on their maturity, that is, we say that instruments that are in the market for more than one year. capital must be exchanged and instruments with a maturity of less than one year in the money market must be defined in reality. well, this matter of cash transactions that we are talking about in the matter of cash transactions is basically a physical market and there are cash transactions in the form of cash settlement and physical settlement as well . now gold bars or economic coins.

it is happening at all and it is being delivered, so if we want to say that this deadline is not important, why is it important by the way, and because the money market is defined, the central bank, as a money market policy maker , should definitely be involved and in fact directly responsible for this area. it is necessary that the central bank, especially the institution that is independent from the governments in the world, and this degree of independence allows it to ask for money in the market. to have any policy, including this issue, in fact, the creation of an exchange center in fact the legal answer that you are giving regarding articles 2 and 20 of the law now with securities is explained in this way that we did not create a stock exchange because the stock market should be defined as suppliers and buyers that now policymakers express in them with the specific goals of traders. they can be speculators

, they can be expensive arbitrators. they could be those who are now called stone or the masons, in fact these goals are in fact , they are trading with these goals in the market, in the capital market, we now have a small part of this in this field, in fact, we have actors in the discussion. as a result, we cannot say that the exchange center has the requirements of the stock exchange, no , it cannot be in this way, so this is legally, but the answer that i can legally give is what the central bank can actually use in the discussion of reserves. gold, now i am talking about the old law, the country's monetary banking law of 1951 , which was almost the source of the effect until last year, and

the central bank's actions are also related to the year 1401. the center and requirements should be. article 6 of the law polibanki has said this explicitly, and article 10 of the implementation of monetary policies, by the way, says that the same tools should be used, and now in clause a and clause d, there is the publication of the supervision of gold transactions, and the supervision of gold transactions of the central bank has been put in place as a result. if i was going to take this issue forward in the commodity exchange , it would definitely have to be done under the supervision of the central bank, which i don't think is a private company of the labor exchange. iran should accept the central bank of the policy, in fact, the exchange has the capacity to be able to do the gold issue. regarding the two-rate issue, see the issue of the two-rate issue . now this is just the beginning of this center, and i think that if it is too early to say in particular, its effects are that it will definitely be two-rate, not because.