Middle East Economic Survey
VOL. LIII
No 24
14-Jun-2010
IRAN
CBI Governor Denies Reports That Iran Plans To Sell Its Euro Reserves
The Governor of the Central Bank of Iran (CBI), Mahmoud Bahmani, has denied reports that Iran plans to convert 45bn from its foreign exchange reserves into dollars and gold bullion as a result of the recent fall in the value of the euro on international markets, as was reported in the Iranian media (MEES, 7 June). Such reports are sheer lies, he was reported as saying...
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