Speaking at a public gathering in East Azerbaijan during a provincial visit, Iranian President Hassan Rouhani promised peace and stability for people’s lives and the market, adding “I promise the great Iranian nation that all plots and planning by the US, the Zionist regime and reactionary Arab states will have no effect on the progress of our beloved country.”
“Those in the White House should know that complying with their [JCPOA-related] commitments or not, the great Iranian nation will stand against any and all of their schemes and underhanded plots with full force,” he stressed.
The Iranian president went on to add, “we are stronger than any other time, and are committed to our promises, but if one side decides to violate our accord, they should know that the severe consequences of that decision will befall them.”
Rouhani noted that his government has made plans for any possible scenario and will have no problems; “if there is any problem, we will manage it by relying on our own domestic power,” he added.
The president further added that the country would continue to handle all of its trade transactions on an exchange rate of 4,200 tomans/$1.
With the May 12 deadline looming over the fate of Iran’s nuclear deal where US President Donald Trump will have to decide whether to continue to stay committed to the agreement or withdraw from it, there is a concern that US withdrawal would affect Iran’s exchange rate. A number of economic experts believe, however, that the real exchange rate is likely to stabilize in the near future.
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