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US dollar on downward slope in Iran on reports about foreign funds

US dollar on downward slope in Iran on reports about foreign funds Sunday, 07 March 2021 4:04 PM   [ Last Update: Sunday, 07 March 2021 4:04 PM ] Iran’s rial is rebounding against US dollar on reports Washington allowed transactions on Iranian funds. The US dollar has lost part of its value against the Iranian currency rial after unconfirmed reports suggested that Washington authorized transactions on Iranian funds in Iraq and other countries. The dollar fell by nearly two percent in the Iranian market on Sunday to trade at 239,900 rials, according to a report by the official IRNA news agency. The euro fell 2.25 percent against its late Saturday price to sell at 288,730 rials, said the same report.

US dollar on downward slope in Iran on reports about foreign funds

US dollar on downward slope in Iran on reports about foreign funds Sunday, 07 March 2021 4:04 PM   [ Last Update: Sunday, 07 March 2021 4:04 PM ] Iran’s rial is rebounding against US dollar on reports Washington allowed transactions on Iranian funds. The US dollar has lost part of its value against the Iranian currency rial after unconfirmed reports suggested that Washington authorized transactions on Iranian funds in Iraq and other countries. The dollar fell by nearly two percent in the Iranian market on Sunday to trade at 239,900 rials, according to a report by the official IRNA news agency. The euro fell 2.25 percent against its late Saturday price to sell at 288,730 rials, said the same report.

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