Young Journalists Club | Latest news of Iran and world

News ID: 2255
Iran » Iran
Publish Date: 15:50 - 28 September 2013
Tehran, YJC. Recent diplomatic relations between Iran and the US has depreciated the US dollar against Iran’s Rial.

As the presidents of Iran and the US have made a phone call and the two countries’ foreign ministers met yesterday, dollar depreciated as much as 900 Rials in the Iranian market.

Gold and coins have also depreciated in Iran’s market today as a result of recent diplomatic developments between Iran and the US.

At the same time as the new approach by Iranian and American officials has met positive feedbacks by many pro-relations as well as the market, some opposing opinions believe that the meetings will not bring anything special.

Pro and con statements on the recent developments have enlivened the press as well.

Former CEO of Saderat and Tat banks Seyyed Bahaodding Hosseini Hashemi maintaining that relations with the US will not do miracle to Iran’s economy says "One of the most important reasons for the country’s economic problems is not tapping domestic resources in full.”

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