Rial Slips After 1-Month Resilience

After almost a month of relative stability, foreign exchange rates jumped Wednesday in Tehran’s open market.
The dollar crossed the psychological 280,000-rial level gaining 2% or 6,000 rials, closing at 282,000 rials. The last time the greenback was…

After almost a month of relative stability, foreign exchange rates jumped Wednesday in Tehran’s open market. The dollar crossed the psychological 280,000-rial level gaining 2% or 6,000 rials, closing at 282,000 rials. The last time the greenback was traded at this rate was on August 28.  Since...