Iranian Rial Appreciates After “Positive” Nuclear Talks
The Iranian currency gained around 9% in value against the US dollar earlier this week due to government intervention in the market and a positive view in Tehran of the nuclear talks held on 26-27 February in Kazakhstan. Fars News Agency reported on 4 March that the local currency traded at $1=IR31,500 up from the rate of $1=IR36,300 a day before on the free market. The currency lost more...
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