The Iranian Riyal approached low levels on Saturday, after major European forces took penalty action against Tehran for their failure to fulfill its core pan. The currency exchange rate dropped to 1.040,000 on the first day of the work week in Iran, according to the followers of exchange rates via the Internet and a resident trader in Tehran, and with this decline the currency approaches the low historical levels about 1.050.000 recorded at the end of March. A move to reproduce international sanctions against Iran. This decline came in the wake of the reference of the United Kingdom, France and Germany, Thursday, Iran to the United Nations due to the violation of its nuclear deal concluded in 2015, which activated the “Snapback” mechanism for 30 days, which could lead to the repositioning of the sanctions previously submitted. Iranian President Masoud Bizchitan said Tehran is determined to avoid new sanctions. European powers withdraw the trigger to impose Iran international sanctions, and Bizchian said in a television interview on Thursday night: “We are in no way to activate the quick return mechanism. We made all our efforts to prevent such a result.” Araqji: The move threatens to undermine Iran’s relations with the energy agency, the United States welcomes the European step, confirming that Washington is still open for ‘direct participation with Iran’ to achieve a ‘peaceful and lasting solution’. Earlier, Iranian Foreign Minister Abbas Araqji described the reference as ‘immoral and unjustified’ and warned that it would strongly undermine ‘Iran’s relations with the International Atomic Energy Agency’. The renewed weakness of the Iranian Riyal comes after a short wave of rise early this year, when the currency increased by 20% from optimism over the resumption of core talks between Teheran and Washington, which began in April. However, the negotiations collapsed in June after Israel launched military strikes on Iran, a few days before a sixth round was scheduled in Oman’s sultanate. What do we know about the “Fordo” core facility that Trump bombed? Since then, Iran has warned that he could withdraw from the treaty of the banner displacement as the three European countries passed. Tehran confirms that his nuclear program is purely peaceful, and accused Washington of undermining the 2015 agreement of his withdrawal in 2018 and by bombing its core facilities in June, both of which took place during the era of US President Donald Trump.
The Iranian Riyal falls to its lowest levels after a European attempt to limit sanctions
