Many Iranians reportedly keep their savings in gold and US dollars at home, avoiding banks due to fears of financial ...

Facing inflation and sanctions, Iranians are turning to gold to protect their wealth—sending demand soaring and shaking up ...

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.

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 ...

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

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

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 ...

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 ...

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

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 ...