Iranian stocks drop 2,000 points on Zarif resignation

Iran’s stock market dropped around 2,000 points after Foreign Minister Mohammad Javad Zarif announced his resignation. (File photo: Reuters)

Iran’s stock market dropped around 2,000 points on Tuesday on news that Foreign Minister Mohammad Javad Zarif had announced his resignation, the Islamic Republic News Agency (IRNA) reported.

Zarif announced his resignation in an Instagram post on Monday but President Hassan Rouhani did not confirm that he had accepted it.

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Last Update: Wednesday, 20 May 2020 KSA 09:54 - GMT 06:54
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