Rial Hits Another Record Low

The dollar advanced above the critical 280,000 rials at the start of trading week on Saturday as the national currency is tanking under a fresh bout of volatility.
The greenback closed the day at 282,260 rials in Tehran’s open market, rising 1.2% or…

The dollar advanced above the critical 280,000 rials at the start of trading week on Saturday as the national currency is tanking under a fresh bout of volatility. The greenback closed the day at 282,260 rials in Tehran’s open market, rising 1.2% or 3,400 rials compared to Thursday. Other major...