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| Iran currency hits record low, crashing through 50000 mark Already facing huge obstacles from remaining, non-nuclear US sanctions, the collapsing currency will serve as another deterrent to potential investors, ... If you invest now and the currency falls even 15 percent, you have to discount that from your returns, and that's very difficult to hedge against," he said.
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| Iran Currency Hits Record Low Tension has returned to the Iranian currency market after a sudden drop in the Iranian currency against the dollar on Monday after weeks of cautious ... Sadeqi said he had contacted officials at the central bank, adding that officials had informed him of taking measures to manage the currency market.
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| Renminbi strengthens to 7-week high, dollar steadies The Chinese currency rose to a seven-week high against the dollar on Tuesday and analysts see the renminbi's appreciation as a sign that China will smooth trade tensions with the US. The onshore renminbi, which trades 2 per cent either side of a daily midpoint set by the People's Bank of China, was ...
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