Iran’s currency plummeted to an all-time low on Saturday, registering a more than 21-percent drop in a span of two
Thirty-three years after the first economic sanctions were introduced against Iran, the Islamic Republic is feeling the negative effects more
Foreign currency shops in Tehran remained shuttered or failed to display prices today while hundreds of Iranian riot police remained
Iran’s freefalling currency is turning meat into a luxury, sparking overnight price surges and spurring shoppers to stockpile goods. “Most
Riot police clashed with demonstrators and foreign exchange dealers in Tehran on Wednesday over the collapse of the Iranian currency,
Iran is working to shrink and eventually eliminate the free market in its tumbling rial currency, the economy minister was
Iranian lawmakers have signed a petition to summon President Mahmoud Ahmadinejad to parliament for questioning over the rapid drop in
President Mahmoud Ahmadinejad said on Tuesday that Iran’s central bank had provided enough hard currency to finance imports into the
Iran’s rial plunged at least 9 percent to a record low against the U.S. dollar on Tuesday as the industry
A precipitous drop in Iran’s currency, the rial, shows that sanctions are cutting “deeper and deeper” into its economy, the