DUBAI (Reuters) – The Iranian rial fell to a record level opposite the US dollar in the unofficial market on Sunday, a day after US President Donald Trump’s management said all UN sanctions against Tehran had been restored.
The dollar presented 273,000 riyars, up from 267,800 riyars on Saturday, according to the Bonbast. com exchange site, which tracks the unofficial market.
Iran called the U. S. resolution “null and void” and UN Secretary-General Antonio Guterres told the Security Council saturday that it may not take any action on the United States because “there seems to be uncertainty” on the issue.
The 3 European parts of the nuclear agreement, France, the United Kingdom and Germany, said Sunday that any resolution or action taken to re-impose UN sanctions would “be unfair for legal purposes” because Washington was using a mechanism agreed under a 2015 nuclear law. agreement between Iran and the world powers, which the United States defected in 2018.
However, Trump plans to include an executive order that allows him to impose U. S. sanctions on those who violate iran-opposing sanctions.
Iran’s Foreign Ministry called Washington’s efforts “useless” and added that “the United States is a major risk to foreign peace and security and an unprecedented risk to the UN and the Security Council. “
“Iran emphasizes that if the United States, directly or with the cooperation of several of its allies, acts in accordance with these threats, it will face a serious backlash and be responsible for all its harmful consequences,” the ministry said in a statement. statement, without giving further details.
Washington has unilaterally re-imposed sanctions on Iran since 2018, which, combined with lower oil prices, paralyzed Iran’s economy, which also has the number of COVID-19 dead in the Middle East with 24,301 dead.
The Iranian rial lost about 49% of its value in 2020.
(Additional report via Laurence Frost in Paris; written through Parisa Hafezi; edited through Tothrough Chopra)