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Iran currency jumps over 3pct after nuclear deal

Posted on 25 November 2013

Iran’s currency jumped more than 3 per cent against the US dollar on Sunday as news of a breakthrough deal to curb Tehran’s nuclear programme raised hopes that the economy would start recovering from international sanctions.
The rial traded at around 29,000 against the dollar in Tehran’s free market, Iranian traders said, up from about 30,000 before the agreement was reached by diplomats in Geneva in the early hours of Sunday………………………………………..Full Article: Source


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