Tag: Rial
Governor of Central Bank of Iran Resigns Due to Continued Fall of Local Currency
Four days ago, Salehabadi promised that Iran's currency would stabilize in the coming days.
Iranian and Iraqi Currencies Plummet
Tying the Iraqi economy to the failing Iranian economy may have been a mistake.
Iran’s Supreme Court Confirms Execution of Gold Trader Blamed for Economic Decline
Tehran police and the courts would have to find new scapegoats for the falling rial.
Sanctions Are Crushing Iranian Economy
Iran’s lack of hard currency because of economic sanctions may force food and medicine shortages as the local Rial currency continues to tumble and...