"The Iranian rial has strengthened by more than 15 percent against the dollar since the victory of moderate Hassan Rowhani who was elected president more than a week ago, reports said on Sunday.
The Iranian currency was trading at under 30,000 to the dollar on Sunday morning compared to 35,000 a week ago, media and dealers said.
The rial had lost more than two-thirds of its value against the dollar since early 2012 when the United States and the European Union announced new sanctions against Iran's oil exports and access to the global banking system."
'via Blog this'
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