(MENAFN)Press TV reported that the US dollar recorded low against the Iranian currency rial mainly on unverified reports saying that Iran and major powers would set a deal in the Austrian capital to renew an international deal on the country’s nuclear program.
The dollar ended at 222,700 against the rial, dropped more than 4 percent on the day before and almost 12 percent lower than prices witnessed in April.
The dollar’s drop would remain on speculations that there would be a pending deal in Vienna on the recovery of the JCPOA, the nuclear deal left by the US under a previous administration in 2018.
Sources close to the US government stated that the restoration of the deal may permit Iran to improve its oil exports as confronting no curbs on its banking system and ports operations, adding that Washington would lift oil, banking, and ports sanctions from Iran to let Tehran resume compliance with the JCPOA.
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