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A surge in the price of the Iranian market and a sharp drop in the local currency
June 20 2018 2:02 PM
June 20 2018 2:02 PM
[rtl][rtl]http://www.thebaghdadpost.com/ar/story/108436/%D9%85%D9%88%D8%AC%D8%A9-%D8%BA%D9%84%D8%A7%D8%A1-%D9%83%D8%A8%D9%8A%D8%B1%D8%A9-%D8%AA%D8%AC%D8%AA%D8%A7%D8%AD-%D8%A7%D9%84%D8%B3%D9%88%D9%82-%D8%A7%D9%84%D8%A5%D9%8A%D8%B1%D8%A7%D9%86%D9%8A-%D9%88%D9%87%D8%A8%D9%88%D8%B7-%D8%AD%D8%A7%D8%AF-%D9%84%D9%84%D8%B9%D9%85%D9%84%D8%A9-%D8%A7%D9%84%D9%85%D8%AD%D9%84%D9%8A%D8%A9One of the markets in Tehran - Iran[/rtl]
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Iran's markets have been gripped by a wave of price rises ahead of the expected US sanctions in early November, which some describe as a psychological issue as traders see it as a result of the deterioration of the riyal exchange rate. This comes amid a campaign led by citizens to boycott the purchase of some goods.
The US embargo came early to Iran, although sanctions have not yet been implemented. The Iranians have noticed a rise in the prices of several commodities, including major food commodities, in the recent period, coinciding with the continued weakening of the Iranian riyal or the Toman against the US dollar, Install the exchange rate.
The Iranian central bank has previously set the price of 4200 tomans, equivalent to 42,000 Iranian riyals against the dollar, but the exchange and black markets are still unable to deal with this price, which it describes as "unreal."
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Baghdad Post
[size][rtl]Iran's markets have been gripped by a wave of price rises ahead of the expected US sanctions in early November, which some describe as a psychological issue as traders see it as a result of the deterioration of the riyal exchange rate. This comes amid a campaign led by citizens to boycott the purchase of some goods.
The US embargo came early to Iran, although sanctions have not yet been implemented. The Iranians have noticed a rise in the prices of several commodities, including major food commodities, in the recent period, coinciding with the continued weakening of the Iranian riyal or the Toman against the US dollar, Install the exchange rate.
The Iranian central bank has previously set the price of 4200 tomans, equivalent to 42,000 Iranian riyals against the dollar, but the exchange and black markets are still unable to deal with this price, which it describes as "unreal."
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