Gold coin, USD prices falling after Iran-P5+1 deal

Business Materials 24 November 2013 14:33 (UTC +04:00)

Baku, Azerbaijan, Nov. 24

By Fatih Karimov - Trend: Prices of US dollar and Azadi gold coins fell today after Iran and the P5+1 group reached an agreement on Iran's nuclear program, ISNA reported on November 24.

US dollar was sold at 29,400 rials on Iran's free market, down 2.4 percent compare dto the day before.

Azadi gold coin was also traded at 8.54 million rials, a 3.9 fall compared to Saturday.

Iran and six world powers reached a breakthrough deal early in Geneva on Sunday on Tehran's nuclear program. The two sides have signed a joint "plan of action".

Iran's Foreign Minister Mohammad Javad Zarif said that based on the deal deals in Geneva, the P5+1 has pledged to not impose additional sanctions against Iran during the next six months and would suspend some existing sanctions.