The U.S. Treasury said it views Banque Misr's six UAE branches as a "critical node" for the Iranian government’s access to U.S. dollars.
Iran has weathered near-continuous, punishing economic sanctions for nearly 50 years, since the Islamic Revolution of 1979.
Shipping traffic through the Strait of Hormuz fell to eight vessels on Tuesday, compared with a 10-day average of about 12 vessels, and 130 to 140...
U.S. sanctions generally prohibit American individuals and companies from engaging in any business transactions with those targeted.
| Country | Selling in AFS | |
|---|---|---|
| 1 USD |  | 64.90 |
| 1 EUR |  | 73.65 |
| 1 PND |  | 86.60 |
| 1 AED |  | 17.25 |
| 1 TRY |  | 1.33 |
| 1000 INR |  | 734 |
| 1000 IRR |  | 0.27 |
| 1000 PKR |  | 226 |
