US dollar hits historic 2M rials as Iranian currency suffers dramatic collapse
4 Articles
4 Articles
The US dollar's exchange rate on the Iranian market exceeded 200,000 tomans, Sunday evening, as the domestic currency continued to decline, amid growing fears of the US imposing a new round of sanctions on Tehran. At the end of the market's dealings, the dollar stood at 200,000 and 50 tomans, while the euro reached a new record level of 233,000 and 700 tomans, according to reports published in the currency track.
In Iran, the exchange rate for the dollar in the free market reached its highest level in history, hitting the 200,000 rial mark.
The selling rate of the US dollar in the free market reached 200,000 rials.
US dollar hits historic 2M rials as Iranian currency suffers dramatic collapse
Iran's currency collapse exacerbates economic instability, erodes public trust in government, and heightens political tensions. The post US dollar hits historic 2M rials as Iranian currency suffers dramatic collapse appeared first on Crypto Briefing.
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