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| Iran's rial plunges as fresh US sanctions loom Shortly after Trump's announcement, the Iranian currency plunged to a record low of about 65,000 rials to 1 US dollar on Tuesday, according to Bonbast.com, which tracks the currency's value at the free market. That was down from 57,500 at the end of last month and 42,890 at the end of last year.
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