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Sanaa – By Ahmad Abu al-Yazid – Iranian police arrested a man who collected two tons of gold coins for manipulating the country's market and calling him " Sultan of Gold Coins. "
The man is 58, but he has not revealed his name, and he has used his partners to collect about 250,000 gold coins in the last ten months.
The investigations lasted about four months and proved to the authorities that he was manipulating the marketplace How he wants to raise and lower prices.
The amount of gold exceeds the reserves of some metal countries For example, according to data from the World Gold Council for June, the Yemen, Albania and El Salvador Reserves n & # Were only 1.6 tons of gold
The Iranians have agreed to purchase gold coins as a safe investment instrument since the withdrawal of the United States. Of the nuclear agreement with Iran and its announcement of the reimposition of economic sanctions in May, which will lead to a significant decline in the value of the Iranian currency.
The value of the US dollar has doubled on the Iranian market, bringing the exchange rate of 81 thousand riyals on the informal market "Black Market", Ar
Two weeks ago, major protests erupted over the Iranian markets: traders in the Grand Bazaar market in Tehran closed their stores and joined the angry protests of the riyal collapse and high prices.
Similar anti-government protests in regional towns and villages in late December and early January.
Thank you for reading the "Sultan of Gold Coins" for manipulating the country's economy on the Gulf 365 and informing you that the content of the subject was written by the Arab Yemen and can be read and followed by news of the main source. Next Yemen Arab We are not responsible for the content of this news and the best wishes for Happy Day.
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