TEHRAN, Jan. 20 (UPI) -- Iran has reportedly begun moving its assets from European banks in an effort to protect its supplies of foreign exchange from sanctions.
"We transfer foreign currency reserves related to all sectors including oil foreign exchanges to wherever it is good for us and we have started this transfer," Ebrahim Sheibani, governor of Iran's central bank, told the Iranian Student News Agency.
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The International Atomic Energy Authority has scheduled a meeting Feb. 2 to discuss whether to refer Iran to the U.N. Security Council. The country could face sanctions for re-starting its uranium enrichment program.
