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Iran’s €5.57b frozen assets unblocked

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The governor of the Central Bank of Iran (CBI) announced that €5.573 billion of the country’s frozen assets has been unblocked. Mohammadreza Farzin announced the deposit of €5.573 billion from Iran’s blocked resources to the accounts of six Iranian banks in Al-Ahli and Dukhan banks in Qatar Speaking in a TV program, the official said that on August 10 of this year, all inaccessible Iranian funds that were kept in South Korean banks and the Seoul branch of Bank Mellat were transferred to the account of the Swiss Central Bank to be converted into euros.—Tehran Times

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