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iranwire.com > en > news > 156697-iranian-rial-hits-record-low-as-us-prepares-new-sanctions

Iranian Rial Hits Record Low as US Prepares New Sanctions

3+ week, 4+ min ago   (172+ words) The value of the Iranian rial hit an all-time historical low on Monday, August 24, coinciding with reports that the US government is preparing to announce a new round of sanctions against the Islamic Republic. The price of one US dollar…...