Iranian currency falls to trough as tensions with the United States | News


As traders open on Saturday, the exchange rate fell to $1,043,000.

Iran’s Rial currency sets record shares at the dollar amid growing conditions Tensions between Tehran and Washington About Iran’s nuclear program.

During the Persian New Year celebrations, the exchange rate fell to more than 1 million riyals (Nowruz) as currency stores closed and informal transactions were only conducted on the streets, thus creating additional pressure on the market.

The tax rate fell further to $1,043,000 as traders resumed work on Saturday. Some traders in Tehran even turned off the electronic sign, showing that uncertainty is vaguely visible to the extent that RIAL may decline.

Iran’s economy is severely affected by international sanctions, especially as President Donald Trump unilaterally withdraws the nuclear deal between the United States and the world’s major powers, the United States.

After Trump returned to the White House for the second semester in January, he resumed the so-called “maximum pressure” campaign to sanctions targeting Tehran and once again chased companies that traded Iranian crude oil, including those with discounted prices in China.

Trump writes to Iran’s supreme leader Ayatollah Ali Khamenei attempts to jump Talk directly Between Tehran and Washington. So far, Iran has insisted on its willingness to hold indirect negotiations.

Iranian President Masoud Pezeshkian said on Saturday that his country is willing to engage in dialogue with the United States without clarifying whether Tehran will participate in direct negotiations.

Pezeshkian clearly mentioned the latest policies Trump has adopted, including tariffs on imported goods.

“If you want to negotiate, what is the meaning of the threat?” he said.

Western countries led by the United States have accused Tehran of seeking nuclear weapons for decades. Iran rejected the allegations and insisted that its nuclear activities were for civilian purposes only.

In 2015, the country reached a landmark agreement with permanent members of the UN Security Council, namely the United States, France, China, Russia and the United Kingdom, and Germany, to regulate their nuclear activities.

In 2018, during Trump’s term, Washington withdrew from the agreement and restored sanctions. In response, Iran retreated under the promises of the agreement and accelerated its nuclear program.

On Monday, Ali Larijani, close adviser to the supreme leader, warned that although Iran did not seek nuclear weapons, it “has no choice” in the case of an attack on the country.



Source link

  • Related Posts

    LeBron James becomes the first male athlete

    LeBron James is one of the most iconic figures in modern sports, and it makes history again – this time in the toy aisle. Mattel announced the release of a…

    Chinese soldiers in Ukraine: Does Beijing send troops to support Russia? |Russia-Ukraine War News

    Ukrainian President Volodymyr Zelenskyy said on Tuesday that his army had already Two Chinese people were captured Fight against Russian troops. Zelenskyy said it was apparently Russian President Vladimir Putin…

    Leave a Reply

    Your email address will not be published. Required fields are marked *