In these days, it is not bad to mention Yusuf Khoshkish, the last head of the Central Bank during the Pahlavi era / one of the accusations: fixed exchange rate

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-Thursday 2024/09/26 - 11:20
News Code:2490
 در این روزها بد نیست یادی کنیم از یوسف خوش کیش آخرین رییس بانک مرکزی دوران پهلوی / یکی از اتهامات ثابت ماندن نرخ ارز

In August 1980, Yousef Khoshkish, the ninth and last head of the Central Bank of Iran during the era of Mohammad Reza Shah, was tried for three days on charges such as: not floating the exchange rate and was executed by court order.

Among other accusations of Yusuf Khoshkish regarding his tenure as the general director of the Central Bank was that "real estate prices had increased tenfold within five years, but the dollar was the same as seven tomans, one Koran, and ten Shahis." From this, it was used and used to invest people in other countries, to have fun abroad, or to import scrap cars from Europe and turn Iran into a car graveyard.

Simultaneously with the end of Khushkish's trial, Ayatollah Khomeini's office also published his fatwa, during which he declared foreign exchange transactions through "illegitimate smugglers and money changers, especially in the sheikhdoms of the Persian Gulf" to be haram.

Allahvardi Rajaei Salamasi, the first secretary general of the Tehran Stock Exchange Brokers Organization, says:

After the February revolution of 1979, a case was filed against Khushkish, but he was not convicted at first, and he was forced to stay at home like a retiree. But less than two years later, on August 189, 10, and 11, 1980, his case was re-examined by the court's verdict, and this time, the court sentenced him to death on charges of corruption on earth and war against God.

Tehran Hai newspaper announced that Youssef Khoshkish was executed on August 15, 4 days after the end of the trial, and without any opportunity to appeal his sentence.

📝 Source: written by Reza Ramin in BBC Farsi

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