Iran's Rouhani says U.S. faces defeat in bid to reimpose U.N. sanctions Link https://t.co/PzqHozDsGB

DUBAI (Reuters) - The United States faces defeat in its move to reimpose U.N. sanctions on Tehran, Iranian President Hassan Rouhani said on Sunday, as Washington declared all U.N. sanctions on Iran had been restored.

“America is approaching a certain defeat in its sanctions move ... It faced defeat and negative response from the international community,” Rouhani said in a televised speech.

“We will never yield to U.S. pressure and Iran will give a crushing response to America’s bullying,” he said.

The Iranian rial fell to a record low against the U.S. dollar on Sunday following the Trump administration’s declaration.

The U.S. currency was offered for as much as 273,000 rials, up from 267,800 rials on Saturday, according to foreign exchange site Bonbast.com, which tracks the unofficial market.