Rial

Iran’s currency drops sharply to an all-time low

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Iran’s currency plummeted to an all-time low on Saturday, registering a more than 21-percent drop in a span of two

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Iran Sanctions Prompt Protests As Prices Rise

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Thirty-three years after the first economic sanctions were introduced against Iran, the Islamic Republic is feeling the negative effects more

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Iran’s Currency Traders Shut Shops as Police Patrol Tehran

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Foreign currency shops in Tehran remained shuttered or failed to display prices today while hundreds of Iranian riot police remained

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Iranians abandon meat for bread as Rial collapses

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Iran’s freefalling currency is turning meat into a luxury, sparking overnight price surges and spurring shoppers to stockpile goods. “Most

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Iranian police clash with protesters over Rial’s collapse

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Riot police clashed with demonstrators and foreign exchange dealers in Tehran on Wednesday over the collapse of the Iranian currency,

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Iran to curb free market in sinking Rial currency

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Iran is working to shrink and eventually eliminate the free market in its tumbling rial currency, the economy minister was

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Iran’s MPs seek to question Ahmadinejad over currency tumble

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Iranian lawmakers have signed a petition to summon President Mahmoud Ahmadinejad to parliament for questioning over the rapid drop in

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Ahmadinejad accuses west of waging a “psychological war”

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President Mahmoud Ahmadinejad said on Tuesday that Iran’s central bank had provided enough hard currency to finance imports into the

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Iran’s rial plunged another 9 % to a new record low

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Iran’s rial plunged at least 9 percent to a record low against the U.S. dollar on Tuesday as the industry

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US: Drop of Iran Rial shows sanctions are working

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A precipitous drop in Iran’s currency, the rial, shows that sanctions are cutting “deeper and deeper” into its economy, the

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