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The Iranian currency fell to a record low

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The Iranian currency fell to a record low

The Iranian currency rial fell to a record low against the dollar.

Axar.az reports that the dollar was sold on the black market for 447,000 rials. A day ago, the foreign currency was 430,500 rials.

European sanctions against individual officials were cited as the reason for this.

Since nationwide protests began in Iran, the rial has lost 29% in value. Also, the decrease in value was caused by political pressure on Tehran from the West and restrictions on oil tankers.
Date
2023.01.22 / 19:13
Author
Nurlana Ahmadova
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