Expert: Positive ‘5+1’ talks will bring U.S. dollar down to 14,000 rials in Iran
Azerbaijan, Baku, May 22/ Trend F.Milad/
Talks between Iran and the 5+1 group (the five permanent members of the UN Security Council and Germany) could cause a fall in the U.S. dollar price to 14,000 rials in Iran's unofficial market, an Iranian stock exchange expert stated.
Mahmoud Emamifar added that if the talks bear constructive results, the dollar price will be declined to around 14,000 rials two or three weeks after the talks, the ILNA News Agency reported. The U.S. dollar is currently being traded at around 16,650 rials in Iran's free market today.
Iran and the 5+1 group (the five permanent members of the UN Security Council and Germany) held a new round of talks in Istanbul on April 14, breaking a 15-month hiatus in talks and agreed to meet again in Baghdad on May 23.