What Happens Now as the Iranian Rial Plummets?

Posted on 04/14/2018


Around April 9th, regulatory authorities in Iran ordered exchanges across the country to sell the Iranian rial at a rate of 42,000 to the U.S. dollar in order to halt a precipitous decline in the currency’s value over the week of April 7th. The plummet – which saw Iran’s rial hit a record low of […]