The Governor of the Central Bank of Iran (CBI) Mohammad-Reza Farzin has traveled to Saudi Arabia for talks on expanding banking and monetary relations.

According to The Iran Project,The director of public relations department of the CBI wrote in a post on social networking network that Mohammad-Reza Farzin, the CBI governor left Tehran for Riyadh, the capital of Saudi Arabia, on Saturday with the aim of developing cooperation and monetary and banking relations, as well as to participate in the 50th anniversary of the founding of the Islamic Development Bank Group.