Iranian rial rebounds sharply after US-Iran agreement
Iran's rial has risen by more than 15% against the US dollar after an initial agreement between Tehran and Washington, while the country's stock market has also surged to record levels. The move came after the memorandum of understanding announced on Sunday and was reflected most visibly in Tehran's foreign exchange market on Ferdowsi Street. Exchange offices reported a rapid fall in the dollar and a sharp change in trading conditions compared with the panic seen in recent months.According to the supplied report, the dollar fell from 1.8 million rials to 1.54 million rials at one exchange office within hours... [Continue Reading]
360LiveNews | 18 Jun 2026 15:02 LONDON
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