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Media ID: 55356383
Caption:

The Saudi central bank has reiterated its ongoing commitment to the riyal’s exchange rate policy.
(AFP)


Media ID: 55312302
Caption:

A picture taken on September 30, 2012 shows an Iranian woman paying with a 20000 rial banknote, bearing a portrait of Iran’s late founder of islamic Republic Ayatollah Ruhollah Khomeini, to a grocer in the Iranian capital Tehran. (AFP Photo/Atta Kenare)


Media ID: 55307930
Caption:

In this photo released by the official website of the office of Iranian President-elect Hasan Rouhani, Rouhani speaks in a conference in Tehran, Iran, Saturday, June 29, 2013 (AP Photo/Office of the President-elect, Hojjat Sepahvand)


Rouhani election boosts Iranian currency

Rouhani election boosts Iranian currency

London, Asharq Al-Awsat—The Iranian rial has experienced a surge in value against foreign currencies in the wake of the election of Hassan Rouhani, while economists have criticized outgoing president Ahmadinejad’s final budget. Prior to the presidential election, held...