Iran’s rial plunged to a record low over the weekend, crossing the symbolic threshold of 1 million rials per US dollar and falling further to 1,043,000, deepening the country’s economic crisis ...

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 ...

Iranian money exchanges and traders have turned their electronic signs amid uncertainty over the value of the rial, the Associated Press reported. TRUMP SENT A FINAL WARNING TO IRAN, GOP ...

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The rial was trading 1,030,000 against the U.S. dollar as of publication time, below the psychologically significant level of 1,000,000 rial per dollar. The currency has lost half its value since ...

Omani Rial (OMR) United Arab Emirates Dirham (AED) 1 OMR to AED = 9.5394 OMR AED on 17/03/2025 Omani Rial (OMR) Albanian Lek (ALL) 1 OMR to ALL = 236.29 OMR ALL on 17/03/2025 Omani Rial (OMR ...

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 ...

Iran launched plans to switch its currency to the toman in 2021, replacing the rial by removing four zeros in a bid to mask inflation. But the plan stalled. Now, the government is hoping to revive ...

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.

Other currencies also fell against the rial after reports said state-run petrochemical companies had supplied more of their export proceeds to an exchange market run by the Central Bank of Iran (CBI).

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 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 ...