Baku, Azerbaijan, Jan. 21
By Rahim Zamanov - Trend:
Implementation of a Geneva deal will not affect Iran's IT market significantly, head of Iran's Computer Importers Union, Seyyed Mehdi Mirmehdi, said on January 21, the Iranian Fars News Agency reported.
"We can expect a significant change in prices only if the USD rate falls below 25,000 rials on the free market," he said.
Following the implementation of Iran and the P5+1 group's nuclear deal on January 20, the Forex prices dropped on Iran's free market.
The USD was sold at the price of 29,050 rials on the free market on January 20, some 500 rials less than the preceding day.
The euro was also presented at the price of 39,650 rials, some 400 rials less than January 19.
On November 24, 2013, Iran and the six major world powers - Russia, China, the US, France, Britain and Germany signed a nuclear accord in the Swiss city of Geneva. The two sides agreed to start implementing the agreement from January 20, Press TV reported.
Under the Geneva deal, the six countries undertook to provide Iran with some sanctions relief in exchange for Iran agreeing to limit certain aspects of its nuclear activities during a six-month period.
The two sides also agreed that no more nuclear related sanctions would be imposed on Iran within the same timeframe.