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Iran Currency Drops To Lowest Value Ever Amid US Sanctions

The Iranian currency faced on of its biggest lows on Sunday.

Tehran, Jun 12 (AP) Iran's currency Sunday dropped to its lowest value ever as talks to revive the country's tattered nuclear deal with world powers remained deadlocked.


바카라 웹사이트Traders in Tehran exchanged the rial at 332,000 to the U.S. dollar, up from 327,500 on Saturday.바카라 웹사이트


바카라 웹사이트That marked more than a 4.4% change compared to June 1 when it traded at 318,000 to the dollar.


바카라 웹사이트Iran's currency was trading at 32,000 rials to the dollar at the time of Tehran's 2015 nuclear deal with world powers.


바카라 웹사이트The rial's new low came as U.S. sanctions against the country are still in force. Iran's economy is struggling mightily mostly because of the U.S. pullout from the 2015 nuclear deal between Iran and world powers that restored sanctions on Iran's oil and banking sectors.바카라 웹사이트


바카라 웹사이트Talks in Vienna to renew the agreement have been deadlocked for months.


바카라 웹사이트Meanwhile, police arrested 31 currency and gold traders accused of creating “false demand” in the market, state TV reported without elaborating.


바카라 웹사이트Separately, Iran's Maha Air spokesman denied owning a Boeing 747 that Argentina seized after it landed Monday in Cordoba, Argentina.


바카라 웹사이트Hossein Zolanvari told the official IRNA news agency that his company sold the Boeing to a Venezuelan company about a year ago.


바카라 웹사이트“Mentioning Mahan Air in connection with the impounded airplane has aimed at political purposes,” he said.

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