The US dollar and other currencies posted decline in Tehran’s free market on Wednesday, apparently under the influence of reports about the resumption of the Iran nuclear talks.
The greenback was sold for 313,000 rials, down 1.5% or 4,700 rials on the previous day while the euro lost 2% to buy 317,700 rials.
Likewise, the UAE dirham was traded at 85,300 rials, losing 1.6% on Tuesday. The Turkish lira and GBP lost 1.6% and were quoted at 17,500 rials and 383,200 rials, respectively.
Iran's top nuclear negotiator and a senior US envoy will travel to Vienna on Thursday for fresh talks on reviving the 2015 nuclear pact, officials from both governments said on Wednesday, rekindling a process that stalled in June, Reuters reported.
The Foreign Ministry spokesman in Tehran, Nasser Kanani, said Iran was ready to reach a deal that guarantees its rights.
Last month, top European Union diplomat Josep Borrell said he had proposed a new draft to help revive the accord under which Iran curbed its nuclear program in return for relief from economic sanctions.
In 2018, the former S president, Donald Trump, abandoned the historic 2015 nuclear agreement, calling it too soft on Iran, and imposed new harsher sanctions, spurring Tehran to begin breaching the nuclear limits set in the pact.
The deal seemed near revival in March after 11 months of indirect talks between Tehran and US President Joe Biden's administration in Vienna.
But talks broke down over obstacles including Tehran's demand that Washington give guarantees that no US president would abandon the deal as Trump did.
In Iran’s market gold coins also recorded decline Wednesday. Emami Gold Coin was sold for 147.3 million rials, 0.6% or 950,000 rials lower on the previous day.
Half Bahar Azadi Gold Coin lost 500,000 rials or 0.6% during the day to be traded at 81.8 million rials. The quarter Bahar Azadi coin lost 0.4% to buy 51.8 million rials.
