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Iran tries to halt record currency slump in the rial Iran will try to unify its currency starting Tuesday and control sales of the dollar in a bid to stem a record decline in the rial's value on the unregulated market. The government will sell the US dollar at a rate of 42,000 rials to all individuals and businesses, Iran's first vice president Eshaq Jahangiri said in a ...
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Iran unifies official and open market exchange rates as rial hit new low LONDON (Reuters) - Iran unified the country's official and open market exchange rates, state media said, after its currency, the rial, plunged to an all-time low ... FILE PHOTO: Iranian rial banknotes are seen at a currency exchange shop in Kerbala, 110 km (70 miles) south of Baghdad January 27, 2012.
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Venezuela makes it official: Nation's worthless currency is officially worthless As Venezuela's economic mess continues unabated, with inflation surpassing 2,600 percent in 2017, the country's president, Nicolás Maduro, decided on March 22 to make its worthless currency officially worthless. The currency now used has been in circulation for less than 10 years. New coins and ...
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