Iranian Currency’s Value Tumbles To Record Low As US ‘Maximum Pressure’ Bites

Iran’s national currency, the rial, tumbled to a record low against the US dollar, as US President Donald Trump's "maximum pressure" strategy against the Islamic republic's economy continued to take its toll.

As of April 5, a dollar cost more than 1,040,000 rials on exchange markets, as currency shops reopened for the day following closings for the Persian New Year, Nowruz.

AP reported that on Ferdowsi Street in Tehran, the heart of Iran’s currency m...
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