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The rial traded at 777,000 rials to the dollar, traders in Tehran said, down from 703,000 rials on the day Trump won. Iran’s Central Bank has in the past flooded the market with more hard ...
In 2015, during Iran’s nuclear deal with world powers, the rial was at 32,000 to $1. On July 30, the day that Iran’s reformist President Masoud Pezeshkian was sworn in and began his term, the rate was 584,000 to $1. Trump unilaterally withdrew America from the accord in 2018, sparking years of tensions between the countries that persist today.
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.
In early April, with the rial sinking to record lows before U.S. President Donald Trump's decision to exit the Iran nuclear deal, Tehran said it was unifying official and free-market rates for the ...
Iran's unit of currency is the rial which had an average official exchange rate of 9,326 rials to the U.S. dollar in 2007. [37] Rials are exchanged on the unofficial market at a higher rate. In 1979, the government nationalized private banks.
This page is subject to the extended confirmed restriction related to the Arab-Israeli conflict. This page is subject to the extended confirmed restriction related to the Arab-Israeli conflict. Operation True Promise 2 Part of the 2024 Iran–Israel conflict and the Middle Eastern crisis (2023–present) Missile interceptions in Lower Galilee, 19:41 IDT Type Missile strike Locations Weapons ...
This page is subject to the extended confirmed restriction related to the Arab-Israeli conflict. Israeli airstrike on the Iranian consulate in Damascus Part of the 2024 Iran–Israel conflict, the Spillover of the Israel–Hamas war in Syria, the Iran–Israel conflict during the Syrian civil war, the Israel–Hezbollah conflict and the Iran–Israel proxy conflict Location Mezzeh, Damascus ...
Israel’s audacious assassination of Hezbollah’s leader on Friday has rattled the group, delivering its most severe blow since its founding. This has led its Iranian backers to warn that Israel ...