October 1, 2013
Publication:
YNet News
Iran's foreign exchange reserves have fallen from $90 billion to no more than $70 billion in the last nine months and only $15 billion may be immediately accessible, according to experts. Research by Roubini Global Economics and the Foundation for Defense of Democracies shows that much of Iran's reserves are deposited in overseas accounts and can only be used to purchase products in in these countries.
