Iran General NewsIran says has not transferred foreign assets

Iran says has not transferred foreign assets

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TEHRAN (Reuters) – Iran has transferred no money from its foreign accounts, Foreign Ministry spokesman Hamid Reza Asefi said on Sunday, denying reports from the central bank governor that such transfers had begun.
TEHRAN (Reuters) – Iran has transferred no money from its foreign accounts, Foreign Ministry spokesman Hamid Reza Asefi said on Sunday, denying reports from the central bank governor that such transfers had begun.

“So far we have not moved any hard currency, we have not transferred it,” he told reporters at a news conference.

Iran faces possible U.N. economic sanctions over its disputed atomic programme and has bitter memories of its U.S. assets being frozen after the 1979 Islamic revolution.

Central Bank Governor Ebrahim Sheibani was quoted on Friday as saying Iran was transferring money from its foreign accounts, a statement which sent brief jitters through currency markets.

He had said earlier in the week that Iran stood ready to repatriate its oil earnings held in foreign accounts, should that prove necessary.

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