Euro tops 3 million rials as Iran's currency hits fresh record lows
First reported 3 Oct, 09:56 UTCUpdated 14h ago2 sources
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Iran's rial fell to new record lows on Saturday, with the euro crossing 3 million rials for the first time and the US dollar hovering around 2.7 million rials on the open market.
Excerpt from Iran International
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Iran's rial fell to new record lows on Saturday, with the euro crossing 3 million rials for the first time and the US dollar hovering around 2.7 million rials on the open market.
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- Euro tops 3 million rials as Iran's currency hits fresh record lows (opens Iran International in a new tab)
Iran's rial fell to new record lows on Saturday, with the euro crossing 3 million rials for the first time and the US dollar hovering around 2.7 million rials on the open market.
- Iranian rial at new low, as central bank sells dollars to support currency (opens Arab News in a new tab)
DUBAI: Iran’s rial continued its decline on Saturday, as the central bank announced an injection of up to $2 billion to support the currency while the economy faces US sanctions and a naval blockade. The US dollar was sold around 2.688 million rials, up from 2.632 million on Friday, according to free-market tracking…
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