28 Mar 2024
Tuesday 26 November 2013 - 11:56
Story Code : 67156

Iran forecast: Optimism in Tehran after interim nuclear deal

It is a small but notable sign of optimism in Iran after Sundays interim nuclear deal its beleaguered currency is recovering.
The Rialrose another 1.4%on Monday to 28,900:1 vs. the US dollar, nearing its strongest position since the election of President Rouhani in June.

In 2012, amid tension over the nuclear issue and US-led sanctions, the Rial lost 70% of its value. Its official rate at that time was 12,260:1 vs. the dollar, but at times it was above 40,000:1.

Mohammad-Baqer Nobakht, a senior advisor to President Rouhani, said on Monday that the US has already released $8 billion in Iranian assets following the agreement to limit Irans enrichment of uranium in return for easing of sanctions.



FM Zarif: Nuclear Programme PreservedSanctions Have Crumbled
Foreign Mohammad Javad Zarifsaid on Mondaythat, even though Irans right to enrich uranium was not formally recognized in the Geneva agreement, The structure of Irans nuclear programme was preserved.

Zarif told nuclear scientists, The structure of the sanctions [has] crumbled.

The Foreign Minister continued:

Has the right to have a nuclear power plant or reactor been written into the accord?

Generally speaking, [a country's] right does not need to be recognized and it is necessary that other countries respect this right.

By Ea World View

 

The Iran Project is not responsible for the content of quoted articles.
https://theiranproject.com/vdcg3q93.ak9un4j5ra.html
Your Name
Your Email Address