USD Surpasses 940,000 Iranian Rials as Inflation Accelerates

The exchange rate of the U.S. dollar in Iran’s free market surged by more than 13,500 rials on Thursday, February 20, reaching 941,000 rials. Meanwhile, Iran’s Statistical Center reports that monthly inflation in February has broken a two-year record. The value of the U.S. dollar against the Iranian rial has increased by five percent over … Continue reading USD Surpasses 940,000 Iranian Rials as Inflation Accelerates