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macroJun 22, 2026, 8:50 PM

Iran central bank says frozen assets can fund non-sanctioned goods

Iran's central bank governor stated that remaining frozen assets are not limited to essential goods and can be used to purchase other non-sanctioned items, according to Tasnim.

Iran's central bank governor has clarified the scope of the country's frozen assets, stating that they are not restricted solely to purchasing essential goods. According to the Tasnim news agency, the governor added that Iran can utilize these funds to acquire other non-sanctioned products.

This statement expands the potential uses of Iran's frozen international reserves, which have been partially accessible under previous agreements. The clarification may signal a shift in how Tehran intends to deploy its frozen funds amid ongoing economic pressures and negotiations.

While the announcement does not detail specific amounts or timelines, it suggests greater flexibility in Iran's foreign exchange management. The move could have implications for trade dynamics and geopolitical negotiations involving Iran.

Source: First Squawk