The Iranian Rial Falls to Lowest Value Ever, Largely Due to US Sanctions and COVID-19
The rial reaches an all-time low amid ongoing US sanctions and the effects of COVID-19; The rial has depreciated in value a reported 600 percent since 2015. As of Saturday, June 20, the Iranian rial has dropped to its lowest value ever, equaling 193,400 rials to one dollar. The rial is reported to now have […]