Forex Signals New Era of Weakness

Extending previous losses, forex rates plunged further in Tehran on Sunday following new reports on the progress in the Iran nuclear talks in Vienna. 
The US dollar was traded at 256,300 rials in the free market after losing the critical 260,000-rials support level in the late trading hours on Saturday. 
Along with decline in other major currencies, the greenback lost more than 1.2% or 3,200 rials compared to the session before, putting losses at 3.8% in two days.