rial

New sanctions on Iran target currency, car industry

Jun 4, 2013
There will be new penalties for financial institutions that deal in Iranian currency, which should cause the rial to devalue further. But new sanctions on the country's car industry could be felt more acutely.
Posted In: Iran, sanctions, currency, rial

Iran inflation crisis sparks protests and blame

Oct 3, 2012
Today police in Iran fought with money lenders and other protesters in front of the country's central bank. Inflation in Iran is running at a shocking clip: the Iranian Rial is down 25% against the dollar in just the past week.
Posted In: Iran, rial, currency, inflation, ahmadinejad