August 7, 2018

TEHERAN, IRAN (NYTIMES) -- With an eye to the impending re-imposition of US sanctions against Iran, Saeed Mohammadi, a 38-year-old plumber in Teheran, knew what he had to do.

Last week, like many others, he bought US$1,000 (S$1,368) worth of gold, which has been rising steadily on the local market.

"I'll make a profit that will help me get by a bit," Mohammadi said.

Read more:

https://www.straitstimes.com/world/europe/iranians-and-their-leaders-brace-for-impact-of-new-us-sanctions-to-take-effect-on