The collapse of the currency of Iran .. 120 thousand riyals per dollar

The collapse of the currency of Iran .. 120 thousand riyals per dollar



02-09-2018 06:45 PM

The Euphrates -

The price of the US dollar on the secondary market in the Iranian capital Tehran for the first time to 12 thousand Tuman (120 thousand Iranian riyals), while warned Ali Mutahri, deputy speaker of the parliament from a worse economic situation.

Other foreign currency prices rose on Sunday against the Iranian riyal, where the price of the euro exceeded 13 thousand Tuman (130 thousand Iranian riyals), while the price of the pound sterling to 15 thousand Tuman (150 thousand Iranian riyals).

"We can not import the dollar, the United States is preventing it, banks are also not daring to do so, and the cost of shipping and insurance fees for goods has become very high," Iranian parliament speaker Ali Mutahari warned in a video on social networking sites. Conditions have become very difficult. '

The Iranian currency has lost more than half of its value over the past 10 months, especially after the United States pulled out of the nuclear deal.

The US decision to prevent the export of Iranian oil abroad has not yet come into force. The Iranian nuclear issue is scheduled to be banned on November 4.

Iranian analysts expect Iran's oil exports to fall below 700,000 bpd, stressing that the Iranian authorities have no choice but to engage in negotiations with the United States and accept the 12 conditions of the US State Department, including negotiations on Iranian ballistic missiles, Neighboring countries and the region.

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