$2.7 bn of Iran frozen assets released from Iraq

Al-e Es’haq made the remarks in an interview with Tasnim News Agency, saying that this can significantly contribute to the stability of the foreign currency market in Iran.

ISNA News Agency last week reported that $24 billion of Iran’s frozen assets will be released from Iraq and South Korea in the near future.

Following the visit of the Sultan of Oman to Iran and the visit of the US president’s aide to Oman, it was decided to release the frozen assets in the form of an understanding.

Moreover, following the recent meeting between the Governor of the Central Bank of Iran Mohammad Reza Farzin and the head of the International Monetary Fund Kristalina Georgieva in Washington, it was decided that Iran will be able to access more than $6.7 billion of its special drawing rights.


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