The US dollar reached a historic 2 million rials on Sunday as Iran’s currency continued its decline, crossing a threshold that had been approaching as the rial fell sharply in recent days.
The British pound climbed above 2.72 million rials, while the euro approached 2.34 million rials.
The dollar was trading at around 1.865 million rials at the beginning of last week, putting its rise at more than 7% in less than a week. It has also more than doubled from around 958,000 rials during the same period last year.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.