economic

Rial Nears 1,445,000/USD as Exchange Shops Close

| Iran Conflict

The rial traded at 1,440,000-1,445,000 per US dollar, with many exchange shops refusing to sell dollars altogether. The Central Bank ordered police to shut down unlicensed currency dealers. Black market transactions moved to encrypted messaging platforms, making the true rate difficult to track.

Media

Iranian rial nears 1,445,000 per dollar as exchange shops close and refuse transactions
Iranian rial nears 1,445,000 per dollar as exchange shops close and refuse transactions — CNN

Sources

  • T2 Donya-e Eqtesad Major middle_eastern
  • T2 Reuters Major western
  • T2 Iran International Major western
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