Iran: Currency, Gold Looking at Big Drops, More to Come

Major foreign currencies are fast losing value in Tehran amid reported panic selling with the market regulator implying that further decline is on the way.
Extending a long losing streak the dollar opened Wednesday 3.8% lower to hover around 210,000…

Major foreign currencies are fast losing value in Tehran amid reported panic selling with the market regulator implying that further decline is on the way. Extending a long losing streak the dollar opened Wednesday 3.8% lower to hover around 210,000 rials before losing the critical level as...