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FROSTYJACK

Where can I purchase Iranian Rial?

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you will have to shop around to get the best deal....The Guy i went through was a little higher than others.... Screwball has been involved it this  for some time and has started a thread on this same investment

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US Sanctions Iran Currency

June 3, 2013
  

      On June 3, the United States imposed sanctions for the first time on Iran’s currency, the rial. Foreign financial institutions may now face penalties if they “knowingly conduct or facilitate significant transactions” involving the rial― which has already lost half its value since January 2012. The executive order’s objective is to render the currency unusable outside of Iran, a senior administration official said during a conference call. Iran conducts very little trade in the rial. So the measure may also be aimed at further depreciating its value and making Iranians feel more uneasy about holding their own currency. The executive order also authorizes new penalties on Iran’s automotive industry. And it allows the sanctioning of any individuals who help Iranians and others previously blacklisted by the Treasury.

Rials.jpg      The Obama administration has now implemented nine sets of sanctions on Iran. An official said that the timing of the latest measure was not tied to the June 14 presidential election. So the timing may have more to do with pressuring Iran ahead of nuclear negotiations expected to resume after the election hiatus. The following is the complete text of the White House press statement, including links to the executive order and the president’s message to Congress.
 
            Today the President approved a new Executive Order (E.O.) to further tighten U.S. sanctions on Iran and isolate the Iranian government for its continued failure to meet its international obligations.  
            This new action targets Iran’s currency, the rial, by authorizing the imposition of sanctions on foreign financial institutions that knowingly conduct or facilitate significant transactions for the purchase or sale of the Iranian rial, or that maintain significant accounts outside Iran denominated in the Iranian rial.  While the rial has lost half of its value since the beginning of 2012 as a result of our comprehensive sanctions, this is the first time that trade in the rial has been targeted directly for sanctions.
            Taking aim at a major revenue generator for Iran, the E.O. authorizes the imposition of new sanctions against those who knowingly engage in significant financial or other transactions for the sale, supply, or transfer to Iran of significant goods or services used in connection with Iran’s automotive sector, building on the sectoral sanctions in the Iran Freedom and Counter-Proliferation Act of 2012 (IFCA) that target Iran’s shipping, shipbuilding, and energy sectors. 
            Further increasing the pressure on the Iranian government, the E.O. authorizes the imposition of additional sanctions on persons who provide material support to Iranian persons and certain other persons designated pursuant to Iran sanctions authorities that are included on the list of Specially Designated Nationals and Blocked Persons (SDN List) maintained by the Department of the Treasury. 
            The E.O. also implements and builds upon certain sanctions set forth in the IFCA, signed into law by the President on January 2, 2013, as a part of the National Defense Authorization Act for Fiscal Year 2013. 
            Pursuant to today’s action, the following activities will be subject to sanctions:
The Iranian Rial:  The significant transactions for the purchase, sale of, or holding of significant funds or accounts outside Iran denominated in the Iranian rial. 
 
Iran’s Automotive Sector:  The sale, supply, or transfer to Iran of significant goods or services used in connection with the manufacturing or assembling in Iran of light and heavy vehicles including passenger cars, trucks, buses, minibuses, pick-up trucks, and motorcycles, as well as original equipment manufacturing and after-market parts manufacturing relating to such vehicles. 
 
Material support to the Government of Iran:  Providing material support to Iranian persons and certain other persons designated pursuant to Iran sanctions authorities that are included on the SDN List (in each case other than certain Iranian depository institutions).  This provision includes an exception for certain Iranian depository institutions and certain activities relating to the pipeline project to supply natural gas from the Shah Deniz gas field in Azerbaijan to Europe and Turkey.
 
            The steps taken today are part of President Obama’s commitment to prevent Iran from acquiring a nuclear weapon, by raising the cost of Iran’s defiance of the international community.  Even as we intensify our pressure on the Iranian government, we hold the door open to a diplomatic solution that allows Iran to rejoin the community of nations if they meet their obligations.  However, Iran must understand that time is not unlimited.  If the Iranian government continues down its current path, there should be no doubt that the United States and our partners will continue to impose increasing consequences.
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On 5/20/2017 at 8:58 PM, ChuckFinley said:

I did mine through Dinar Inc. military discount too.   

Thanks Chuck. I contacted Dinar Inc. (xchange of America) they told me they can't sell because of sanctions. I did find and ordered on eBay. Go figure. With my luck it will revalue and I will be arrested as a terrorist. LOL

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:trash: :trash2: US newspaper: Washington will impose sanctions on the leaders of the "Mahleyat" belonging to Iran in Iraq :trash: :trash2:

The political scene  Saturday June 3, 2017 at 14:25 pm (613 views)

20170603_022644-56.jpgUS newspaper: Washington will impose sanctions on the leaders of the "Mahleyat" belonging to Iran in Iraq

 

 

Baghdad / Sky Barr Q:

 

The newspaper "the Monitor" electronic US said that the United States is considering imposing sanctions on the leaders of "Mahleyat" belonging to Iran in Iraq.

The newspaper quoted these State "The state", on 17 May 2017 statement by senior diplomats of American taxpayers in the Middle East, Stuart Jones, as saying "the United States in the process of taking a comprehensive policy to address the armed groups of Iran in Syria, Lebanon, Iraq and Yemen."

The correspondent of the Kuwaiti Al-Rai newspaper in Washington, had said in mid-May that the US president promised to Abu Dhabi Crown Prince Mohammed bin Zayed to work to approve sanctions against Tehran's allies involved in terrorism, including officials in the Iraqi and Lebanese governments.

According to the Monitor in its report published recently, that "naming Lebanon and Iraq in the context of the report were not a coincidence but a clear indication of the US interest in the Gulf of Iranian influence widespread in these countries, in Lebanon there are Hezbollah, and in Iraq, parties and armed factions known close relationship with Tehran , of which receive financial and political and practical support system" rel="">support. "

The paper quoted the leader of the Christian crowd, Ryan Chaldean, that "factions of the popular crowd in Iran relationship is not a dependency relationship, as promoted by the Gulf states, but regional countries such as Turkey and the Gulf, which is considered the crowd a terrorist organization, put pressure on Washington, and lured with money in order to impose sanctions on the leaders of The popular crowd".

In this context, the United States is trying to cut off communication between the Iranian Shiite militias and determine its movement in small spots, and Western experts confirmed that the US raid on a convoy of Syrian forces on May 18 of the year 2017 reveal US military plans in the region. "

It is known that many of the leaders of the popular crowd accused by the Gulf states and among the US that they are linked to Iran and receiving support system" rel="">support them, such as deputy chief of the popular crowd in Iraq, Abu Mahdi engineer and commander of the nujaba movement in Iraq, Akram al-Kaabi.

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