Rising Dollar Rate and Stock Market Decline in Iran

The US dollar exchange rate in Iran’s free market surpassed 960,000 rials. By the close of trading on Monday, August 25, the main stock index dropped by 33,000 points, and 6.56 trillion rials (about 68 million USD) flowed out of the stock market. On Monday, August 25, the foreign exchange market experienced about a 1% … Continue reading Rising Dollar Rate and Stock Market Decline in Iran