Iranian Rial Again Hits Record Low Amid Tensions With U.S.

ICBPS- Iranian Rial Value fell to a record against the U.S. dollar again as the tensions have spiked with Washington.

The Iranian Rial plummeted Sunday against the U.S. dollar to the nation’s lowest value ever.

Iranian national currency Rial lost more value again a day after the White House announced all the U.N. sanctions on Tehran had been reimposed.

EXPLAINER: U.S. To Sanctions Dozens Tied To Iran Nuclear and Arms Programs

ICBPS- The United States on Monday will impose sanctions more than two dozen people and entities involved in Iran’s Nuclear, Missile, and conventional arms programs.

“Speaking on condition of anonymity, a U.S. official told Reuters that Iran could have enough fissile material for a nuclear weapon by the end of the year and that Tehran has resumed long-range missile co-operation with nuclear-armed North Korea. He did not provide detailed evidence regarding either assertion.”

Iran Could Have Material For NuKe By End Of 2020

Jerusalem Post- As Iran counts down the minutes to the end of an arms embargo so that it can begin importing much-needed technology and dual-use equipment for weapons, a senior US official alleged that it is resuming work with North Korea on long-range missiles. Iran also could have enough material for a nuclear weapon by the end of the year. The report was part of a larger Reuters report about new US sanctions against up to two dozen people and entities that will be slapped onto Iran. The US has urged the UN to snap back sanctions on Iran after Washington says Iran violated a 2015 deal.

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