the continuous depreciation of the Iranian rial against the US dollar has caused the price of gold coins in Iran to rocket. Over the past year, the price of gold coin in rial has nearly doubled.

TEHRAN, Iran (AP) — Iran’s rial currency traded Saturday at a record low against the U.S. dollar as the country returned to work after a long holiday, costing over 1 million rials for a ...

Since the U.S. withdrew from the JCPOA nuclear deal in 2018, the rial has steadily weakened, dropping from 40,000 per dollar to its current level. On Tuesday, Iran's currency dropped to a record ...

TEHRAN, Iran — Iran’s rial currency trades at a record low against the US dollar as the country returns to work after a long holiday. The rial has plunged to over 1 million rials during the ...

BAKU, Azerbaijan, May 12. Iran's national currency, the rial, will undergo redenomination during the current Iranian year (from March 21, 2025, through March 20, 2026), said Mohammadreza Farzin ...

Farzin said: “Developing innovative banking systems is a central bank’s responsibility worldwide, and we are determined to fulfill this duty in Iran.” The digital rial has been in ...

Iran’s parliament on Sunday impeached the finance minister and voted to remove him from office after the rial plummeted to nearly one million to the US dollar. The firing of Abdolnasser Hemmati ...

On June 18, the CBI officially announced the launch of a pilot scheme for Iran’s central bank digital currency (CBDC), the digital rial. As part of the pilot, the Iranian digital currency will ...

DUBAI, March 25 (Reuters) - Iran's currency fell below the psychologically key level of 1,000,000 rial per U.S. dollar on Tuesday, as market participants saw no end in sight to sanctions under U.S ...

TEHRAN — Iran’s rial currency traded Saturday at a record low against the U.S. dollar as the country returned to work after a long holiday, with a single greenback costing more than 1 million ...

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