MP: $30bn Has Been Transferred out of Iran

By John Lee.

Iranians have transferred $30 billion out of the country in recent months, according to a claim from an Iranian member of parliament.

MP Mohammad Reza Pourebrahimi, who is the head of the parliament’s economic committee, did not specify how the money has been moved out; without access to the international banking system, transfers can only occur through unconventional means.

In an interview with ISNA News Agency, he added that actions taken by the Central Bank of Iran (CBI) to curb the rapid devaluation of thed rial against created more tension in the market. The rial has lost around a quarter of its value in the past six months.

(Source: Radio Farda)

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