The Central Bank of Iran has started proceedings to access $30bn of its frozen assets, according to its governor Valiollah Seif who believes that the money could be unlocked as early as next week after US Secretary of State John Kerry said the removal of Iran sanctions was “only days away”.
The unfreezing of the assets and the opening of blocked banking channels would have a positive impact on the Iranian economy, Seif said, although debate and speculation surrounds what Tehran will do with the money.
Source: theiranproject