DUBAI, United Arab Emirates (AP) — Iran’s rial foreign money fell to a brand new all-time low on Wednesday, reaching 1,074,000 to the U.S. greenback simply earlier than Iranian President Masoud Pezeshkian was as a consequence of tackle the United Nations.

The foreign money’s fall follows Iranian Supreme Chief Ayatollah Ali Khamenei rejecting direct talks with america over its nuclear program.

Khamenei’s announcement possible packing containers within the diplomacy that Pezeshkian and Iranian International Minister Abbas Araghchi may have accomplished in New York.

It additionally prompt that last-minute talks between Iran and European nations gained’t cease the approaching reimposition of U.N. sanctions on Iran over its nuclear program. A 30-day window to cease the sanctions will finish Sunday

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