Sharp Decline in the Value of the Iranian Rial Against the U.S. Dollar

The decline in the value of the rial in Iran has entered a new phase amid intensified U.S. financial and sanctions pressure on the Iranian regime. As Washington has expanded measures to restrict the regime’s access to the international financial system, the price of the dollar in Iran’s market surpassed 2.08 million rials on Sunday, … Continue reading Sharp Decline in the Value of the Iranian Rial Against the U.S. Dollar