Iran confirms reserves transfer

The head of the Central Bank of Iran has indicated that Tehran has already started shifting its foreign hard currency reserves amid the threat of sanctions, Iranian media reported on Friday 20 January.

Asked at a business conference if reports Iran was moving foreign accounts of hard currency from Europe to southeastern Asia were correct, Ebrahim Sheibani replied:

"We transfer foreign currency reserves related to all sectors including oil foreign exchanges to wherever it is good for us and we have

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: