Iran insists $12 billion of frozen funds must be released in MOU with US – Tasnim
Citing a source close to Tehran's negotiation team, Iran's Tasnim news agency reported on Tuesday that Iran insists $24 billion of frozen Iranian funds must be released in a potential Memorandum of Understanding (MOU) with the United States (US).
According to the report, Iran wants half of that amount be made reachable by the beginning of the MOU announcement.
The agency further noted that Iran's top negotiator, Mohammad Baqr Qalibaf, had travelled to Qatar to reach agreement on a mechanism to implement this demand.
Market reaction
This headline failed to trigger a noticeable market reaction. At the time of press, the US Dollar Index was up 0.05% on the day at 99.05.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
U.S. Stock Market Preview | Major Index Futures Mixed; Nvidia Plunges Pre-market; Fed Officials' Speeches Incoming
Before the U.S. stock market opens on Thursday, November 12, the three major U.S. stock index futures showed mixed movements.
XRP risks drop to $0.90 as analyst Diana warns of Wave 2 correction
Alphabet (GOOGL.US) Launches Roadshow for HKD and SGD Bond Issuance; May Become a "Touchstone" for Investor Confidence Amid AI Market Volatility
Alphabet (GOOGL.US) has launched the roadshow for its first Hong Kong dollar and Singapore dollar bond issuance, aiming to test investor subscription interest as companies focused on artificial intelligence (AI) face increased market volatility.
Euro finds temporary support near 1.1066 against US Dollar, outlook remains uncertain
Crypto prices
More
