DUBAI, Feb 20 (Reuters) - Iran's troubled currency broke below the psychologically key level of 500,000 rial per U.S. dollar on Monday, as market participants saw no end in sight to sanctions.

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 ...

Iran's Rial Hits a Record Low, Battered by Regional Tensions and an Energy Crisis TEHRAN, Iran (AP) — The Iranian rial on Wednesday fell to its lowest level in history, losing more than 10% of ...

The Iranian rial has strengthened against major global currencies, with the US dollar falling 5.86% to 996,000 rials following US President Donald Trump's announcement of direct talks with Iran.

Central Bank Governor Mohammad Reza Farzin announced measures to stabilize the currency, including injecting $220 million into the market. Similar interventions have been used in the past with ...

The Iranian rial has sunk to its lowest value in history in the five weeks since the re-election of former US President Donald Trump, the Associated Press reported. The rial traded at 703,000 to ...

The Iranian rial on Wednesday fell to its lowest level in history, losing more than 10% of its value since Donald Trump won the US presidential election in November and signaling new challenges ...

In 2015, during Iran's nuclear deal with world powers, the rial was at 32,000 to $1. On 30 July, the day that Iran's reformist President Masoud Pezeshkian was sworn in and began his term, the rate ...

The rial’s plunge comes despite favorable tailwinds. Since 2021, lax sanctions enforcement and sanctions waivers have allowed Tehran greater access to its hard currency reserve.

This came after business owners and employees of Tehran’s historic bazaar staged a rare strike on Sunday to protest inflation and the devaluation of the rial.