Home The Watchforex news US Says Drop In Iran’s Currency Reflects Global Pressure

US Says Drop In Iran’s Currency Reflects Global Pressure

by Yomna Yasser

A precipitous drop in Iran’s currency, the rial, reflects relentless international pressure on the country over its suspected nuclear weapons program, the US State Department said on Monday.

International sanctions are cutting “deeper and deeper” into the Iranian economy, and Tehran needs to change its calculus on its nuclear program, State Department spokeswoman Victoria Nuland told reporters.

Reuters

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