In 2015, during Iran's nuclear deal with world powers, the rial was at 32,000 to $1. On July 30, the day that Iran's reformist President Masoud Pezeshkian was sworn in and began his term ...

DUBAI: Iran’s currency fell below the psychologically key level of 1,000,000 rial per US dollar on Tuesday, as market participants saw no end in sight to sanctions under US President Donald ...

A loaf of bread in Tehran costs 100,000 rials. Or — should it be ... revived the initiative last month. Iran's parliament is due to vote on a bill to renew the process in a bid to curb ...

DUBAI (Reuters) -Iran's currency fell below the psychologically key level of 1,000,000 rial per U.S. dollar on Tuesday, as market participants saw no end in sight to sanctions under U.S. President ...

Iran's economy has been severely affected by international sanctions, especially after the US withdrew from the 2015 nuclear deal. In 2015, the rial was worth 32,000 to the dollar, but by the time ...

Iranian Finance Minister Abdolnasser Hemmati speaks during an open session of parliament for his impeachment, in Tehran, Iran, Sunday, March 2, 2025. (AP Photo/Vahid Salemi) Advertisement ...

TEHRAN, Iran — Iran’s parliament on Sunday impeached the country’s finance minister and voted to remove him from office amid growing concerns over the crashing rial and accusations of ...

Iran’s parliament voted on Sunday to remove Finance Minister Abdolnasser Hemmati from office, as concerns mount over the collapsing rial and allegations of economic mismanagement, The Associated ...