In Iran, the Dollar Reached a Historic High of 240,000 Rials in the Free Market.
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6 Articles
Iran's media reported an unprecedented drop in currency against the dollar in the parallel market, pointing out that the Iranian currency was 240,000 tomans against the dollar. In another context, the Iranian official media reported that Tehran had filed a complaint with the International Civil Aviation Organization (ICAO) regarding American sanctions, as well as a forthcoming letter from the mentor Mojtaba Khamenei on the occasion of a week...
The depreciation of the national currency rial against the US dollar in Iran has accelerated. The dollar exchange rate in Tehran's foreign exchange market has reached a new historical high.
In Iran, under the shadow of US sanctions and high inflation, the rial hit a record low against the dollar, reaching its lowest level in history. The massive increase in food prices and the erosion of the national currency once again revealed the deepening economic crisis and severe volatility in the free market.
In Iran, the exchange rate for the dollar in the free market reached a historic high of 240,000 rials. The Iranian rial fell to its lowest level against the dollar in the free market, while annual inflation in the country reached 61.4%, and the annual increase in food prices reached 128.1%.
According to data from "pashizi.com," a website that tracks the free market foreign exchange in Iran, the selling rate of the dollar in the free market has risen to 240,000 rials. Thus, the rial has reached its highest level ever against the dollar in the free market...
In Iran, the exchange rate for the dollar in the free market reached a record high of 240,000 rials. While the national currency, the rial, hit an all-time low against the dollar, annual inflation rose to 61.4%, and food prices increased by 128.1% year-on-year.
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