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Search resuls for: "The Central Bank of Iran"


5 mentions found


☆ US allows $6 billion transfer as part of Iran prisoner swap
  + stars: | 2023-09-11 | by ( Humeyra Pamuk Arshad Mohammed | Humeyra Pamuk | Arshad Mohammed | ) www.reuters.com   time to read: +3 min
The Iranian and U.S. flags are seen printed on paper in this illustration taken January 27, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsWASHINGTON, Sept 11 (Reuters) - The United States waived sanctions to allow the transfer of $6 billion in Iranian funds from South Korea to Qatar, a step needed to carry out a previously announced U.S.-Iran prisoner swap, according to a U.S. document seen by Reuters on Monday. According to the State Department document seen by Reuters, Secretary of State Antony Blinken determined that waiving the sanctions was in the national security interests of the United States. The document said the transfer of funds would only provide "limited benefit to Iran" since the funds can only be used for humanitarian trade. The transfer of the $6 billion and the prisoner exchange could take place as early as next week, according to eight Iranian and other sources familiar with the negotiations.
Persons: Dado Ruvic, Antony Blinken, Adrienne Watson, Humeyra Pamuk, Jeff Mason, Arshad Mohammed, Jonathan Oatis, Sandra Maler, Deepa Babington, Gerry Doyle Organizations: Iranian, REUTERS, Rights, United, Reuters, State Department, United State, National Iranian Oil Company, Central Bank of, Thomson Locations: U.S, United States, South Korea, Qatar, Iran, Republic of Korea, Germany, Ireland, Switzerland, Central Bank of Iran
☆ Iran, US on Verge of Prisoner Swap Under Qatar-Mediated Deal
  + stars: | 2023-09-10 | by ( Sept. | At A.M. | ) www.usnews.com   time to read: +9 min
"Iran initially wanted direct access to the funds but in the end agreed to having access via Qatar," said a senior diplomat. Reuters pieced together this account of previously unreported details about the extent of Qatari mediation of the secret talks, how the deal unfolded and the expediency that motivated both parties to clinch the prisoner swap deal. Ties between the U.S. and Iran have been at boiling point since Donald Trump quit a nuclear deal with Iran as U.S. president in 2018. Reaching another nuclear deal has gained little traction since then, as President Joe Biden prepares for the 2024 U.S. election. Then president Trump in 2018 reimposed the sanctions when he pulled Washington out of a deal under which Iran had restricted its nuclear program.
Persons: Parisa Hafezi, Andrew Mills, Antony Blinken, Siamak Namazi, Morad Tahbaz, hasn’t, Jin, Washington, Donald Trump, Joe Biden, Biden, Blinken, Iran’s, Trump, Iran Robert Malley, Abram Paley, Ali Bagheri Kani, Mehdi Safari, Foreign Ministry Mohammed Al, Khulaifi, Malley, Paley, Kani, Al Khulaifi, Laila Bassam, Samia Nakhoul, William Maclean Organizations: Reuters, U.S, British, Islamic, Washington, Doha, Iranian, State Department, Qatar’s Ministry of Foreign Affairs, The State Department, Democrat, Qatari, TRANSIT QATAR, Iran, The Central Bank of, U.S ., State, Foreign Ministry Locations: Andrew Mills DUBAI, DOHA, Qatar, Iran, U.S, Tehran’s, Emad Sharqi, Islamic Republic, Western, Gulf, South Korea, Washington, Switzerland, Tehran, Seoul, Doha, Iranian, The Central Bank of Iran, Beirut
☆ Iran, US on verge of prisoner swap under Qatar-mediated deal
  + stars: | 2023-09-10 | by ( ) www.cnbc.com   time to read: +9 min
Reuters pieced together this account of previously unreported details about the extent of Qatari mediation of the secret talks, how the deal unfolded and the expediency that motivated both parties to clinch the prisoner swap deal. 'You can build trust'The U.S. administration has not commented on the timing of the funds transfer. Ties between the U.S. and Iran have been at boiling point since Donald Trump quit a nuclear deal with Iran as U.S. president in 2018. Reaching another nuclear deal has gained little traction since then, as President Joe Biden prepares for the 2024 U.S. election. Then president Trump in 2018 reimposed the sanctions when he pulled Washington out of a deal under which Iran had restricted its nuclear program.
Persons: Antony Blinken, Siamak Namazi, Morad Tahbaz, hasn't, Jin, Washington, Donald Trump, Joe Biden, Biden, Blinken, Trump, Iran Robert Malley, Abram Paley, Ali Bagheri Kani, Mehdi Safari, Foreign Ministry Mohammed Al, Khulaifi, Malley, Paley, Kani, Al Khulaifi Organizations: Capitol, Iranian, National, Washington D.C, U.S, Reuters, British, Islamic, Washington, Doha, State Department, Qatar's Ministry of Foreign Affairs, The State Department, Democrat, Qatari, Iran, The Central Bank of, U.S ., State, Foreign Ministry Locations: Iranian, Washington, United States, Qatar, Iran, U.S, Tehran's, Emad Sharqi, Islamic Republic, Western, Gulf, South Korea, Switzerland, Tehran, Seoul, Doha, The Central Bank of Iran
☆ Insight: Iran, US on verge of prisoner swap under Qatar-mediated deal
  + stars: | 2023-09-10 | by ( Parisa Hafezi Andrew Mills | Parisa Hafezi | Andrew Mills | ) www.reuters.com   time to read: +10 min
"Iran initially wanted direct access to the funds but in the end agreed to having access via Qatar," said a senior diplomat. Reuters pieced together this account of previously unreported details about the extent of Qatari mediation of the secret talks, how the deal unfolded and the expediency that motivated both parties to clinch the prisoner swap deal. Ties between the U.S. and Iran have been at boiling point since Donald Trump quit a nuclear deal with Iran as U.S. president in 2018. Reaching another nuclear deal has gained little traction since then, as President Joe Biden prepares for the 2024 U.S. election. Then president Trump in 2018 reimposed the sanctions when he pulled Washington out of a deal under which Iran had restricted its nuclear program.
Persons: Mohammed bin Abdulaziz bin Saleh Al Khulaifi, Iran Dr, Ali Bagheri, Antony Blinken, Siamak Namazi, Morad Tahbaz, hasn’t, Jin, Washington, Donald Trump, Joe Biden, Biden, Blinken, Iran’s, Trump, Iran Robert Malley, Abram Paley, Ali Bagheri Kani, Mehdi Safari, Foreign Ministry Mohammed Al, Khulaifi, Malley, Paley, Kani, Al Khulaifi, Laila Bassam, Samia Nakhoul, William Maclean Organizations: Regional Affairs, Political Affairs, Qatar News Agency, Handout, REUTERS Acquire, Qatar, Qatar DUBAI, U.S, Reuters, British, Islamic, Washington, Doha, Iranian, State Department, Qatar’s Ministry of Foreign Affairs, The State Department, Democrat, Qatari, TRANSIT QATAR, Iran, The Central Bank of, U.S ., State, Foreign Ministry, Thomson Locations: Islamic Republic, Iran, Tehran, Qatar Gulf, DOHA, Qatar, U.S, Tehran’s, Emad Sharqi, Western, Gulf, South Korea, Washington, Switzerland, Seoul, Doha, Iranian, The Central Bank of Iran, Beirut
☆ Iran rations euros as fights break out at foreign-exchange offices amid rial's plunge to record lows
  + stars: | 2023-02-21 | by ( Filip De Mott | ) www.businessinsider.com   time to read: +2 min
Iran will limit the purchase of euros to 500 a year for air passengers. The Central Bank of Iran on Tuesday sharply curtailed the ability to buy euros amid continued weakness in the rial. Iran will limit the purchase of euros to 500 a year for air passengers, according to state-run media cited by Bloomberg. Monday's push to sell rials followed the currency's rapid decline in value, dropping to a record low of 501,300 rials per US dollar. Bloomberg reported that the CBI will also work on stabilizing the rial's value by holding onto foreign currencies brought in by export revenues through industries with access to subsidized fuel.
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