Iran

Iranian central bank selling foreign exchange Euros to buy US dollars, gold

The euro fell against the US dollar this morning, after China's Xinhua news agency reported that the Iranian central bank will sell €45 billion from its foreign exchange reserves to buy US dollars and gold. An anonymous source told Xinhua that the euro sales would take place in three tranches and that the first had already begun. It also revealed that other Gulf
Iran - Foreign Exchange Comparison

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