Iran's cunning Rafsanjani seeks one more shot

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Posted: Sunday, May 12, 2013 12:00 am

TEHRAN, Iran (AP) - Signs on currency exchange shops in Tehran explained why the doors where temporarily shut: Waiting to see if former President Akbar Hashemi Rafsanjani would seek to reclaim the office. On Sunday, the money changers reopened early amid a mini-surge in Iran's gasping economy after Rafsanjani joined the race.

Tehran's stock exchange nudged higher. Merchants cut prices as the slumping Iranian currency clawed back about 4 percent against the U.S. dollar.

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