Middle East Economic Survey

VOL. LIV

No 17

25-Apr-2011

IRAN

Irans Forex Reserves Stand At $100Bn

Irans foreign exchange reserves stand at $100bn, the Minister of Economic Affairs and Finance Shamsodin Hosseini told reporters in Washington on 17 April. The minister estimated the countrys foreign debt at $20bn, according to Mehr News Agency. Mr Hosseini also revealed that Irans non-oil exports and volume of transit trade through the country rose by 24% and 40% respectively in the Iranian year...