Dollar slips in front of the Iranian rial after nuclear deal

Dollar slips in front of the Iranian rial after nuclear deal

05-04-2015 09:52 AM

Dollar slips in front of the Iranian rial after nuclear dealOrbit – The US dollar fell against the Iranian rial by 6% after the signing of the agreement on Iran’s nuclear program between Tehran and the international community (the five permanent members of the UN Security Council, Russia and America, China, France, Britain, and Germany). According to the Anatolia it according to data of the Iranian central bank, the price Dollar was in the range of 33 thousand riyals first on Thursday, but it fell to 31 thousand, an increase of 6% roughly following the signing of the nuclear deal. The Western officials have declared, on Thursday, to reach an agreement with Iran, including the lifting of sanctions on Tehran, versus suspension of more than two-thirds of the current Iranian enrichment capabilities and control 10 years, and paving of this agreement for a final agreement before the thirtieth of June. Turn The dollar fell yesterday after a report on US jobs; where weaker came frequently than expected and will enhance the speculation: Is refrain Federal Reserve ( US central bank) for tightening monetary policy for a longer period than expected? According to Reuters, the number of US jobs in March rose at the lowest pace in more than a year amid signs of the start of the economy to be affected by a wave rally that lifted the dollar to its highest level in several years. jumped euro more than one per cent after the release of the report to its highest level in US $ 1.10270 week before falling back to 1.09750, up 0.88 percent on trading platform EBS electronic trading. The dollar fell against the currencies of major trading partners of the United States, and went down the dollar index 0.71 per cent to 96.736. and against the Japanese currency US dollar fell to its lowest level at 118.71 yen a week before settling around 119 yen, down 0.58 per cent from the close on Thursday. Against the Swiss currency tumbled green back to its lowest level in five weeks .94860 Swiss francs .

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