Iranian-American
Friday March 24, 2017

US senators introduce bill targeting Iran foreign exchange reserve

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The bill also seeks to limit the ability of the Central Bank of Iran and National Iranian Oil Company to conduct transactions in foreign currencies, including Euros. It was introduced by Republican Mark Kirk, Democrat Joe Manchin and three others.

The United States and the European Union believe that Iran is developing the ability to make nuclear weapons, a charge Tehran denies.

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