Any news about the possible release of Iran's $15 billion funds blocked abroad by US sanctions immediately impacts the value of its battered currency.
02 Mar 2021
Iran currency
The temporary rise in Iran's currency after the US election did not last long, as suspected purchases by Iran's central bank of cheaper dollars, drove the rial lower again.
13 Nov 2020
Another steep fall in the value of Iran's currency has led to a sudden rise in prices, while the central bank has pledged to inject dollars on daily basis.
12 Oct 2020
Iran social media users have circulated a call for strikes by merchants on October 3 to protest the contnuing fall of the national currency.
02 Oct 2020
People lined up outside currency exchange points in Tehran and other Iranian cities to buy cheaper dollars offered by the government, to sell it at...
07 Sep 2020