The head of the Iranian central bank said it was monitoring the swift devaluation of its currency, the rial, as U.S. economic pressure on the country mounts. “Enemies are out to destroy the country’s assets and instill disappointment in public through sanctions,” Abdolnasser Hemmati, the head of the Central Bank of Iran, was quoted in the official Islamic Republic News Agency as saying. Some U.S. sanctions go into force by Wednesday. In November, those sanctions reach into the Iranian oil sector, sidelining one of the largest producers in the Organization of Petroleum Exporting Countries. Secondary sources reporting to OPEC economies put Iranian oil production in June at 3.8 million barrels per day on average. U.S. officials have said they want to reduce Iran’s […]