National

Senators Move to Block Iran’s Access to Foreign Exchange Reserves

 

New sanctions prohibit foreign currency transactions and currency conversions for the Central Bank of Iran and designated Iranian economic sectors

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Central Bank Of Iran

WASHINGTON–(ENEWSPF)–May 8, 2013.  United States Senators Mark Kirk (R-Ill.), Joe Manchin (D-W.Va.), Susan Collins (R-Me.), Bill Nelson (D-Fla.) and John Cornyn (R-Tex.) today introduced bipartisan legislation to block Iran’s access to billions of dollars worth of foreign exchange reserves and limit the ability of designated Iranian entities like the Central…

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