Iran Rial Slides to New Low as Coronavirus, Sanctions Weigh

DUBAI, July 4¬†– The¬†Iranian rial fell to a new low against the U.S. dollar on the unofficial market on Saturday, as the economy comes under pressure from the coronavirus pandemic and U.S. sanctions. The dollar was offered for as much as 215,500 rials, softening from 208,200 on Friday, according to foreign exchange site Bonbast.com. The … Continue reading Iran Rial Slides to New Low as Coronavirus, Sanctions Weigh