Currency: What's Happening Between the US Dollar and the Iranian Rial?
thebittimes.substack.com
In a mix of currency wars, the Iranian rial is the latest currency to fall prey to the gnawing hands of the US Dollar. The Iranian rial has fallen to a new low against the USD, bringing Iranian economic progress to a standstill. The Iranian rial has notably fallen 610,000 tomans against the USD. Dubbed a drastic dip documented by Rial to date, the price fall signals Iran’s worsening economic prospects, jeopardizing the nation’s monetary prestige.
Currency: What's Happening Between the US Dollar and the Iranian Rial?
Currency: What's Happening Between the US…
Currency: What's Happening Between the US Dollar and the Iranian Rial?
In a mix of currency wars, the Iranian rial is the latest currency to fall prey to the gnawing hands of the US Dollar. The Iranian rial has fallen to a new low against the USD, bringing Iranian economic progress to a standstill. The Iranian rial has notably fallen 610,000 tomans against the USD. Dubbed a drastic dip documented by Rial to date, the price fall signals Iran’s worsening economic prospects, jeopardizing the nation’s monetary prestige.