Middle East Eye
International · 3 mins ago
Iranian currency falls to new low
Iranian currency falls to new low
Iran's currency has dropped to a record low of more than 2.2 million rials per US dollar, two websites tracking the free market rate showed on Wednesday, amid renewed US strikes on the country.
The rial has dropped about 10% in the past week, having lost about half of its value in a year of tightening US sanctions and US-Israeli attacks that began in February.
Reporting by Reuters
Do you trust Middle East Eye?
Sign in to rate
Discussion
?
No comments yet — be the first to start the discussion!