Reuters: Politics: Senators introduce bill targeting Iran foreign exchange reserve

Reuters: Politics Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Senators introduce bill targeting Iran foreign exchange reserve May 8th 2013, 16:28 WASHINGTON | Wed May 8, 2013 12:28pm EDT WASHINGTON (Reuters) - A group of bipartisan senators introduced legislation on Wednesday that aims to block Iran's access to billions of dollars worth of foreign currency reserves, in the latest step by Congress to try to slow the Islamic Republic's disputed nuclear program. The bill also seeks to limit the ability of the Central Bank of Iran and National Iranian Oil Company to conduct transactions in foreign currencies, including euros. It was introduced by Republican Mark Kirk, Democrat Joe Manchin and three others. The United States and the European Union believe that Iran is developing the ability to make nuclear weapons, a charge Tehran denies.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions