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Iran's Currency Falls to Record Low Against Dollar
The New Indian Express Chennai
|April 06, 2025
IRAN'S rial traded Saturday at a record low against the US dollar as the country returned to work after a long holiday, costing over 1 million rials for a single greenback as tensions between Tehran and Washington likely will push it even lower.
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The exchange rate had plunged to over 1 million rials during the Persian New Year, Nowruz, as currency shops closed and only informal trading took place on the streets, creating additional pressure on the market. But as traders resumed work Saturday, the rate fell even further to 1,043,000 to the dollar, signaling the new low appeared here to stay.
Denne historien er fra April 06, 2025-utgaven av The New Indian Express Chennai.
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FLERE HISTORIER FRA The New Indian Express Chennai
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