Iran says begins transferring foreign holdings


  • World
  • Friday, 20 Jan 2006

TEHRAN (Reuters) - Iran, which could face U.N. economic sanctions over its atomic programme, has started to transfer assets held in foreign accounts, the central bank governor was quoted as saying on Friday. 

"We transfer foreign reserves to wherever we see as expedient. On this issue, we have started transferring. We are doing that," Ebrahim Sheibani told the ISNA students' news agency when asked about the need to move Iran's holdings. 

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