EghtesadOnline: A recent controversial decision by a Luxembourg court to endorse freezing Iran’s assets has once against brought a plan by Tehran to ditch the US dollar into the spotlight.
EghtesadOnline: The Central Bank of Iran (CBI) has strongly criticized a recent decision by a court in Luxembourg to seize $1.6 billion of the Islamic Republic's assets, saying the verdict did not amount to the enforcement of a related ruling by a US court.
EghtesadOnline: Following news that Iran's assets in Luxembourg have been frozen by a court, a senior Iranian official said on Tuesday lawyers with the Central Bank of Iran are currently consulting Luxembourg lawyers "for us to be able to have access to the funds".