Stop Fundamentalism – Each Dollar was traded at 21,300 Riyals today in Tehran, says Mehr state-run news agency. That is 250 Riyals rise in price of Dollar in less than a week.
Same news agency reported last Thursday that Dollar was being traded at 21,050 in Iran’s open market.
Iran has been trying to keep up the spirit as international sanctions continue to tighten the grip on this country’s economy in face its suspicious nuclear program which the Islamic Republic is reluctant to abandon. Revelations indicate that the program is in fact a military program aiming to develop a nuclear bomb.
Negotiations between Iran and western powers have stalled for some time now but some sources say they may be resumed soon.