[nuconvert]

Since Trump's announcement that he'd meet with Rouhani, the rial has gained 1,000.

The Iranian gov't is slowly collapsing. The protests are huge, even though few are reporting about them. This isn't the time to give the gov't a boost by saying we'll meet with them.

[nuconvert]

pong

[Parley Baer]

Iran has said that they refuse to meet with President Trump.

[Vigilanteman]

I think that I'd love to see
Mullahs hanging from a tree
If soon the Mullahs do not fall,
Persian civilization may not survive at all!

(with apologies to Ogden Nash)

[bgill]

Tiny violins played by Cheshire cats.

[KC_Lion]

[texas booster]

I didn't remember the rial in a freefall from the last time we had sanctions on Iran.

Seems that the last administration was not perceived as serious about imposing sanctions that might hurt the Iranian economy.

What could have changed?

[butlerweave]

Iran’s new fashion statement the Duffel Bag Wallet

[Terry L Smith]

Why not just SIEZE any financial holdings the Iranians have left?

[Amish with an attitude]

Winning!

[Old Teufel Hunden]

Rosalind Capital should be running non stop advertisements on Iranian TV with William Devane hocking gold. They’ll make a mint!!

[BeauBo]

It was always a good idea for Iranians to get rid of the mullah regime - now it is becoming necessary.

I assume that President Trump knew if the Iranians would meet (and could have ensured it behind the scenes), before making the offer publicly.

A 1,000 rial bump in exchange rates is less than one percent - just a day or two’s worth of fall, the ways things were going.

That brief of an interruption to the schedule, might be worth not having to defend against charges that people died (in the upcoming revolution) because President Trump was too (fill in the blank) to meet or talk with the poor Iranian leaders.

Rest assured, the rial will continue its nosedive. The main sanctions have not yet taken effect, capital flight is underway, and the banking system in Iran is a house of cards, long ago looted.

[JohnBrowdie]

one good thing that the iran deal did, and it was accidental; it reintegrated, to some degree (that turned out to be a damaging degree), the iranian economy into the world economy.

the sanctions are an existential threat now, whereas before, their economy, while stagnant and anemic, was somewhat insulated from the shock of economic sanctions.

score an accidental touchdown for the iran deal.

[thescourged1]

No re-invite is needed, the fuse got lit by the first invite. Maybe I'm slow on the uptake, but I think DJT threw it out there for the Iranian masses, not the mullahs. Then the mullahs crapped on that hope for the Iranian people to have something like a dialogue and an end to sanctions and threat of war by saying "no". Brilliant move by DJT.

My concern is if the Iranian government ends at the end of a rope, who steps into the vacuum? Russia or China is better positioned to take the advantage than we are.

[bert]

Not to worry..... it’s only money

The falling Rial is God’s will. Otherwise it would not be happening.