Search results
Results from the WOW.Com Content Network
The rial (Persian: ریال ایران, romanized: riyâl-è Irân; abbreviation: Rl (singular) and Rls (plural) [15] [16] or IR [17] in Latin; ISO code: IRR) is the official currency of Iran. It is subdivided into 100 dinars, but due to the rial's low purchasing power the dinar is
A man poses for a photo without showing his face as he counts U.S. dollars at Ferdowsi street, Tehran's go-to venue for foreign currency exchange, in downtown Tehran, Iran, Wednesday, Dec. 18, 2024.
Iran’s currency tanked to an all-time low upon news of the Trump election, and the expectation that he might bring back a "maximum pressure" policy. The Iranian rial is down 46% this year ...
He said that $220 million had been injected into the currency market. The currency plunged as Iran ordered the closure of schools, universities, and government offices on Wednesday due to a worsening energy crisis exacerbated by harsh winter conditions. The crisis follows a summer of blackouts and is now compounded by severe cold, snow and air ...
TEHRAN, Iran (AP) — Iran’s currency fell on Wednesday to an all-time low as former President Donald Trump was on the verge of clinching the U.S. presidency again, signaling new challenges ahead for Tehran as it remains locked in the wars raging in the Middle East. The rial traded at 703,000 rials to the dollar, traders in Tehran said.
As of December 2024 Iran was experiencing its deepest and longest economic crisis in its modern history. The ministry of social welfare last year announced that 57 percent of Iranians are having some level of malnourishment. Thirty percent live below the poverty line. Iranian Rial became world's least valuable currency. [1] [2] [3] [4]
TEHRAN, Iran (AP) — Iran’s currency fell on Wednesday to an all-time low as Donald Trump clinched the U.S. presidency again, signaling new challenges ahead for Tehran as it remains locked in the wars raging in the Middle East.
The Iranian rial hit a record low against the U.S. dollar on the unofficial market on Monday amid a deterioration in the economic situation and the reimposition of sanctions by the United States.