In this photo released by the official website of the office of the Iranian Presidency, President Hassan Rouhani speaks during a cabinet meeting in Tehran, Iran, Nov 4, 2020. (PHOTO / IRANIAN PRESIDENCY OFFICE VIA AP)

DUBAI - Iran's president said on Sunday the next US administration should use the opportunity to compensate for President Donald Trump's mistakes, Iranian state reported after US Democrat Joe Biden declared victory in the 2020 presidential race on Saturday.

Trump's damaging policy has been opposed ... by the American people. The next US administration should use the opportunity to make up for past mistakes.

Hassan Rouhani, Iran's president

"Trump's damaging policy has been opposed ... by the American people. The next US administration should use the opportunity to make up for past mistakes," President Hassan Rouhani was quoted as saying.

"Iran favors constructive interaction with the world," Rouhani said. "The heroic resistance of the Iranian people proved that the policy of maximum pressure is doomed to failure," Rouhani said.

On Saturday, Iran's first vice-president said he hoped for a change in "destructive US policies", adding that the era of Trump and his "adventurous and belligerent" administration was over.

"I hope we will see a change in the destructive policies of the United States ... finally ... the era of Trump and his adventurous and belligerent team is over," Eshaq Jahangiri tweeted.

Relations between Iran and the United States have taken a turn for the worse since 2018, when Trump pulled out of Tehran's nuclear deal with six powers and reimposed crippling sanctions.

Hesameddin Ashena, an adviser to Iran's president, tweeted that "Iranians stood their ground bravely until that coward left".

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I hope we will see a change in the destructive policies of the United States ... finally ... the era of Trump and his adventurous and belligerent team is over.

Eshaq Jahangiri, Iran's first vice-president

The election of Biden could create an opportunity for new negotiations. Biden, who was vice-president under former president Barack Obama when Iran’s nuclear deal was reached, has pledged to rejoin the accord if Iran returns to compliance with it.

Biden appears to see a return to the deal as a prelude to wider talks on Iran’s nuclear work, its ballistic missiles and regional activities.

But Tehran has ruled out halting its missile program or changing its regional policy. Instead it wants a change in US policy, including the lifting of sanctions and compensation for the economic damage caused during the US withdrawal from the nuclear accord.

"Tehran sees Trump’s defeat as a vindication of its resistance policy. This will have devastating consequences for those who think diplomacy with Iran post-Trump will be cheap or easy," said Behnam Ben Taleblu, senior fellow at think-tank FDD in Washington.

Hardliners close to Iranian Supreme Leader Ayatollah Ali Khamenei are concerned that a reduction in pressure on Iran could offer their pragmatist rivals a boost in the June presidential election, which anti-US security hawks have been expected to win.

READ MORE: Khamenei says Iran's US policy not affected by who wins election

But analysts said Iran's battered economy, combined with the coronavirus crisis, would force the hardliners to engage with a Biden administration.

"Iran will never normalize ties with the United States but the leadership will show 'heroic flexibility' in order to secure the survival of the Islamic Republic," said Tehran-based analyst Saeed Laylaz.

Iran's troubled currency rose to a two-month high against the US dollar on Saturday, helped by hopes of reduced US sanctions under Biden.

"I am so happy. Biden's victory means less pressure on Iranians. He is like Obama. The hardship is over," university student Nima Sardari, 26, told Reuters by telephone from Tehran.