US Treasury Sec Mnuchin: Iran sanctions to go into effect after 11:59PM Sunday

Eren Sengezer FXStreet

The U.S. Treasury Secretary Steven Mnuchin recently crossed the wires announcing that Iran sanctions are scheduled to go into effect after 11:59PM on Sunday, as reported by Reuters. "Swift would be subject to US sanctions if it deals with sanctioned Iranian financial institutions," Mnuchin further added.

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Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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