According to Bloomberg, Iran’s rial rebounded from a series of record lows on Tuesday, after President Donald Trump said he would talk to Iran without preconditions and Iranian officials appeared not to immediately dismiss the idea.
The dollar was trading at around 104,000 rials on the black market in late afternoon, from around 117,000 rials the day before. The U.S. president said he’d be willing to meet his Iranian counterpart, Hassan Rouhani, and other Iranian leaders without preconditions “anytime they want to.”