Sudden Rise Of Dollar In Iran Stops Currency Trading On Free Market

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Sudden Rise Of Dollar In Iran Stops Currency Trading On Free Market

Iran's currency took another big hit, falling between 6-9 percent on Sunday, extending a slide to a new record low on continued concerns over a return of crippling sanctions if U.S. President Donald Trump carries out his threat to exit a nuclear deal with Tehran. The U.S. dollar jumped to as much as 58,000 rials on the open market in the capital Tehran, according to some reports. Parliament on Sunday invited the economy minister and the central bank governor to attend a closed session on Tuesday to discuss the accelerating fall of the ...

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Apr 9, 2018

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