From Uskowi on Iran:
The Iranian currency rial is surging against the dollar since the victory of Hassan Rouhani in last week’s presidential election. On Sunday, the rial was traded at the country’s open markets at 28,000 to a dollar. This is a 30% rise in value against dollar since January 2013 when the currency rate hit 40,000 rials a dollar. Strengthening the value of rial was high on the list of Rouhani’s campaign priorities.
