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On Tuesday, Iran's currency dropped to a record low of 1,050,000 rial to the U.S. dollar according to bon-bast.com, which gathers live data from Iranian exchanges.

Iran’s currency dropped to a record low of 1,039,000 rial to the US dollar according to Bonbast.com, which gathers live data from Iranian exchanges.

The Iranian rial hit an anti-record, falling in price to 1 million rials to 1 US dollar, Iran's financial agency TGJU reported. The TGJU agency's webpage updated the Iranian rial's price quotations on ...

In 2018, the Iranian rial was around 55,000 to the U.S. dollar, when U.S. sanctions were reinstated by the first Trump administration to push Tehran to the negotiating table by limiting its oil ...

Other currencies also fell against the rial after reports said state-run petrochemical companies had supplied more of their export proceeds to an exchange market run by the Central Bank of Iran (CBI).