Economy14:13 · 12m ago
Iranian Rial Plummets Nearly 5% Amid Uncertainty Over US Dealings
Kikar HaShabbatReligious
Translated & summarized from Kikar HaShabbat by baba
The story · English
The Iranian rial has depreciated by approximately 5% within the past day following statements by former US President Donald Trump regarding the future of a memorandum of understanding. The currency is currently trading at around 1.88 million rials per US dollar, down from 1.75 million rials yesterday. This decline brings the rial close to its all-time lowest value.
