Iran’s President Rouhani promised in a speech broadcast live on state television on Tuesday that his government will stand resilient to the economic pressure of the new US sanctions, as he responded following a sharp fall in the value of the national currency. Key Points via Reuters: The government’s income had not been affected in recent months, and the fall in the Rial was the result of “foreign media propaganda”. “Even in the worst case, I promise that the basic needs of Iranians will be provided. We have enough sugar, wheat, and cooking oil. We have enough foreign currency to inject into the market.” The fresh U.S. sanctions were part of a “psychological, economic and political war”, adding that Washington would pay a high price for its actions. “Withdrawal was the worst decision he (Trump) could make. It was appalling. It hurt America’s global reputation.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Iran’s oil minister: OPEC agreement was nothing new FX Street 4 years Iran's President Rouhani promised in a speech broadcast live on state television on Tuesday that his government will stand resilient to the economic pressure of the new US sanctions, as he responded following a sharp fall in the value of the national currency. Key Points via Reuters: The government's income had not been affected in recent months, and the fall in the Rial was the result of "foreign media propaganda". "Even in the worst case, I promise that the basic needs of Iranians will be provided. We have enough sugar, wheat, and cooking oil. We have enough foreign currency to… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
