Jan. 26, 2023

Iran says funds frozen abroad 'released' as national currency weakens

Iran/Economy

The story: Iran's First Vice President Mohammad Mokhber has claimed that "billions of dollars" of assets frozen abroad due to US sanctions have been released. Meanwhile, the new governor of the Central Bank of Iran (CBI) has said that 300M USD have been injected into currency markets.

The comments come as the Iranian rial has in past months lost a third of its value on the open market in the shadow of anti-establishment protests and rising international tensions.

The coverage: Mokhber stated on Jan. 23 that a portion of Iran's frozen fund overseas had become accessible.

  • The first vice president said "billions of dollars" of frozen assets had been "released" and injected into currency markets "in the past few days."

  • Iran has billions of frozen assets held in several countries, but Mokhber did not say...

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Amwaj.media
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