Iran's state-owned television station Press TV reported today that the central bank in Tehran is selling 45 billion euros from its reserves in order to invest the money in U.S. dollars and gold ingots.
There was no announcement of the sale on the central bank's website, and officials at the bank declined comment.
But last month, Iran's central bank governor Moahmud Bahmani hinted at a move away from the euro as its value plummeted against the U.S. dollar.
Iran's Central Bank Selling Euros For Dollars, Gold - Radio Free Europe / Radio Liberty © 2010
No comments:
Post a Comment