The United States has long used sanctions against Iran’s paralyzing, including by hindering access to foreign exchange reserves, which are important to the natural employment of the economy.
Foreign currency reserves, among other things, are essential to manage the exchange rate that takes a braid from foreign exchange supplies available on the market.
Any problems on the way to reaching these reserves leads to the loss of Iranian Rial value while Iranian companies, which need to sell Rials and buy the euro, yen or other currencies to buy goods and services from foreign suppliers, have to do this at higher costs, and feed inflation.
The dollar was gathering against Rial since about 690,000 Rials traded at the time of the re -election of US President Donald Trump in November. Recently, RIAL has fell to the lowest new level ever at 930,000 dollars per dollar after signing an order to re -photograph his “maximum pressure” policy against Iran with tougher sanctions.
“With Trump’s signing, oil tankers in our country and gas ships were left at all, and wondering how to deliver its shipments to its destinations.
He made the parliament’s statements before voting for Finance Minister Abdanasser Hemati to the escalating Ral. The chapter came after some legislators argued that high inflation and stock rates were not the current government or parliament’s mistake.
Before the dismissal, Pezeshkian took the platform to announce that the government was closed in a difficult battle with the West, and called for more unity and cooperation from Parliament to face challenges.
The development was another chapter in Iran’s struggle to move in the challenges resulting from foreign pressures to the natural performance of its economy – a clear right for every sovereign country.
One of the billions of dollars of oil and gas revenues held in China, Turkey, India and Iraq to frozen money in Japan, Qatar, Luxembourg, Canada and Oman the United Arab Emirates, the Islamic Republic witnessed its money from the sale of oil and gases under the pretext of sanctions, while others are subject to strict deportations and declines.
There are no accurate and official statistics for the sum of the amount. Previous estimates indicate that Iran has foreign reserves worth more than $ 100 billion abroad. Media reports were placed between 40 to 50 billion dollars.
When Emir Al -Qattari, Sheikh Tarim bin Hamad Al Thani, called on Ayatollah Sayed Ali Khounai in Tehran last month, the leader of the Islamic Revolution asked the Persian Gulf the Gulf to launch 6 billion dollars in Iranian oil revenues that were held in Duha, despite the pressure of the United States for not doing so.
Frozen oil money was transferred in the accounts of South Korean banks in 2019 to the Qatari in September 2023 for use by Iran for humanitarian purposes, but the United States ordered the Arab emirate to ban it, a week after Hamas launched its operation on October 7 inside the occupied southern Israel.
“If we are in the place of Qatar, we will not pay attention to the pressure brought by the United States and will restore Iran’s origins,” Ayatollah Khounai said to Sheikh Tarim in Tehran. “We still expect Qatar to do this.”
Last December, former Housing Minister Abbas Akhundi stated that China was keeping $ 21 billion in Iranian oil money in a guarantee account and suggested stimulating it as a credit occasion for development projects in the Islamic Republic.
In 2023, the United States issued a waiver of the sanctions that allow Iraq to pay more than $ 2.7 billion from $ 11 billion, which are entitled to Tehran to import electricity and natural gas. However, money had to be transferred to Omani banks to buy goods such as food and medicine by Iran under the supervision of the United States.
Also, reports at the time stated, historic debts worth $ 530 paid by the United Kingdom in 2022 after 40 years. Britain owes money to Iran for 1750 leader tanks and other vehicles purchased before the 1979 Islamic Revolution, none of which have been delivered.
Meanwhile, it faced $ 1.7 billion of Iranian assets that the Deutsche Clearstream unit in Luxembourg has filed lawsuits filed in the United States seeking to seize it.
MNA/Press TV
