De-dollarization is a strategic policy pursued by the Central Bank of Iran (CBI), says CBI Governor Mohammadreza Farzin.
Iran imported $3.1 million worth of goods from the US in the first month of 2023, down 36.73% compared with $4.9 million in January 2021, the latest data released by the US Census Bureau show.
Iran’s trade with the US stood at $56.7 million in 2022, registering a 40% rise compared with the previous year.
The US government has renewed a sanctions waiver for the Rhum gas field in the UK North Sea in which Iran has a 50% stake.
Iran’s trade with the US stood at $51.3 million during the first 11 months of 2022, registering a 37.53% rise compared with the previous year.
Iran and the US traded $42.2 million worth of goods in the first nine months of 2022 which was 41 percent more than the corresponding figure for 2021 which was $29.9 million.
The United States and Iran have reached an understanding about how to unblock billions of dollar worth of Iranian funds that have remained inaccessible in two banks in South Korea because of US sanctions, according to a new report.
A UN special rapporteur has said that since the re-imposition of the US unilateral sanctions in 2018, general prices in Iran rose 85% and food prices doubled.
Iran’s trade with the US stood at $23.8 million during the first six months of 2022 (January-June) to register an 18.41% rise compared with the year before.
Iran’s trade with the US reached $18.2 million in the first four months of 2022 to register a 46.77% growth compared with the year before.