Iran Gets First Tranche of Assets Under Sanctions Relief: IRNA - NYTimes.com:
"DUBAI — A first tranche of $550 million in sanctions relief agreed to under an interim nuclear deal has been paid into an Iranian Central Bank account in Switzerland, the official IRNA news agency said on Monday.
Quoting an informed source, the agency reported: "$550 million in frozen Iranian assets (were) transferred to Iran's Central Bank account in Switzerland.
The agency said the money was a first installment of $4.2 billion in blocked Iranian oil revenue that is to be made available to Iran under the November 24 deal.
That agreement is designed to curtail Iran's nuclear activities for a six-month period beginning on January 20 in exchange for sanctions relief from six major powers: Britain, China, France, Germany, Russia and the United States."
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