Posts Tagged: Iran currency
Currency Crisis Impoverishes Iranians, Strains Economic Defenses
Desperate to afford her daughter's overseas university fees, 58-year-old retired Iranian teacher Maryam Hosseini withdrew all her savings from the bank to buy US dollars. It...
Iran’s Rouhani Says National Currency’s Fall Is Temporary: TV
A further slump in Iran's rial is "temporary," Iranian President Hassan Rouhani said on Tuesday after the currency sank to its lowest value in decades. A...
Sanctions-Hit Iran Props Up Economy With Bartering, Secret Deals
Washington's policy of applying "maximum pressure" on Iran with wide-ranging sanctions has shredded the country's oil revenues, sent its economy into recession and devalued its...
US Says Disrupts Iran Finance Operation in UAE to Squeeze Tehran
The United States and the United Arab Emirates have broken up a network funneling illicit funds to Iran as Washington steps up a drive to...
Iran Rial Near Record Lows as Trump Decision on Nuclear Deal Looms
Iran's rial traded near record lows against the dollar in the free market on Tuesday as Iranians tried to buy hard currency, fearing economic turmoil...
Iran’s Currency Hits Record Low Ahead of Trump Inauguration
Iran's rial hit a record low against the U.S. dollar on Monday in a sign of concern about the country's ability to attract foreign money...
