Not only the $400 million debt, but also the $1.3 billion interest on it was paid by the US to Iran in foreign currency and in cash this year, the US Treasury acknowledged.
wo planeloads full of Swiss francs, euros, and other currencies followed the initial cash payment to Iran to settle the debt dating back to 1979, the Obama administration confirmed. The planes flew on January 22 and February 5 from Europe, the White House reportedly said in a briefing it gave lawmakers after they returned from their summer recess. Continue reading “US made entire $1.7 bn payment to Iran in foreign cash – Treasury”


