The Devaluation of Iran’s Rial Has Accelerated

Two days after the Iranian regime’s Supreme Leader, Ali Khamenei, publicly opposed Tehran’s negotiations with Washington, the U.S. dollar in Iran’s free market surged by more than 65,000 rials, crossing 96,000 rials. Since Donald Trump’s victory in the U.S. presidential elections, the Iranian rial has depreciated by 30% against the dollar. However, the pace of … Continue reading The Devaluation of Iran’s Rial Has Accelerated