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rial Iranian continue Anhiah to unprecedented levels[/size]
Twilight News
one hour ago
rial Iranian continue Anhiah to unprecedented levels[/size]
Twilight News
one hour ago
(Reuters) - The Iranian currency (Rial) fell at record levels of 113,000 riyals ($ 1) on Monday in the parallel market.
According to the site "Bonbast", which highlights the exchange rates of the Iranian currency in the official and parallel markets, the local currency fell from 100 thousand riyals, in transactions on Sunday.
The exchange rate of the local currency in Iran, according to the Central Bank figures, about 43.9 thousand riyals / dollars.
The fall of the local currency coincides with the first US sanctions package on Tehran approaching later in August.
On May 8, President Donald Trump announced his withdrawal from the nuclear deal with Iran signed in 2015 and approved a package of economic sanctions against it.
The central bank said in a statement on Monday that "a conspiracy led by the enemies of the country, caused a drop in exchange rates, with the aim of creating turmoil in the economy ...".
In a statement issued by the official IRNA news agency, the bank said that "the recent abnormal developments in the foreign currency and gold market are not commensurate with the economic realities and the country's potential."
"The central bank is carefully monitoring recent developments in the hard currency and gold market, which are often the result of a plot by the country's enemies," he said.
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