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Iran Rejects U.S. Dollar
U.S. dollar accounts for less than 30 percent of the foreign currency reserves of Iran, and the share will be narrowing to the very minimum required to meet the payment obligations, vowed Iran’s Central Bank chief Ibrahim Sheibani, Reuters reported.
Sheibani said they are moving away from dollar week after week, month after month, as it is the natural response to the pressure of the United States that demands from Iran to terminate its nuclear program.
The sanctions are no great hurdle, the chief of Iran’s Central Bank said, as they don’t materially affect Iran and the latter is capable of compensating for any costs by its own means.
Shaibani’s rhetoric is by far not the sole demarche of Iran against the U.S. dollar. Past May, for instance, the Iranian authorities registered their own petroleum exchange, which is trading only in euro.
As to the nuclear program, U.N. Secretary General Ban Ki-moon called on Tehran to meet the resolution of the U.N. Security Council and pledged to continue negotiations with the world community, including the European Council.
But even though Iran's President Mahmoud Ahmadinejad, expressed the will to proceed with the talks, he specified that Iran wouldn’t meet the requirements put forward for their resuming and wouldn’t stop enriching uranium demanded by the U.N. Security Council.
www.kommersant.com
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Photo: Sergey Mikheev