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Iran’s rial plummeted to an all-time low against the US dollar

The devaluation of the Iranian currency, rial, hits its lowest against the dollar, registering a 21% drop in a span of two weeks. The rial was traded at between 39,000 and 40,000 per dollar on the open market on Saturday,

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Iran’s devalued Rial Making its way to Afghanistan for exchange to dollars

Desperate to find alternate ways to bring in hard currency into Iran, a number of Iranians are packing trucks with devalued Iranian currency, Rial, and entering Afghanistan to trade for dollars. The currency traders are made up of wealthy and

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