Sputnik - The new US sanctions will not have a major effect on Iran's financial and oil activity, Iranian Central Bank Governor said Friday.



"The US government has already done what it wanted. The main work related to�the imposition of�restrictions, what they do every day, is to�hinder Iran�s financial activities and the exports of�Iranian oil. In my opinion, after�November 6-9, nothing special will happen,"�Iranian Central Bank (CBI) Governor Abdolnaser Hemmati told Sputnik.


Hemmati also noted that Iran expected to�increase the share of�transactions in�national currencies in�trade with�Russia stressing that following�the meeting with�Russian Central Bank Governor Elvira Nabiullina, "a good agreement on�removing the dollar and using national currencies in�transactions" have been reached.
"Nearly 30 percent of�transactions between�Iran and Russia are made in�national currencies. Hopefully [this figure] will grow every day," the CBI governor said.


The first batch of�economic restrictions, which include a ban on�purchasing the US currency, trading in�gold and other precious metals, buying aluminum and steel for�industrial purposes, and performing activities related to�Iran's sovereign debt, took effect on�August 7. The second portion, including sanctions on�Iran's energy sector and foreign transactions, will come into�force in�November.

Earlier this year, the United States withdrew from�the Iranian nuclear deal, formally known as�the Joint Comprehensive Plan of�Action (JCPOA), and reimposed sanctions against�Tehran and any country doing business with�Iranian companies.