Iran’s rial currency hits new record low as US prepares to announce more sanctions
Headline from Anchorage Daily News
Washington said the new sanctions would add further pressure on an economy already battered by previous sanctions and a U.S. naval blockade.
Anchorage Daily News's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Iran’s currency hit a record low Monday as Washington prepared to announce new sanctions it said would add further pressure on an economy already battered by previous sanctions and a U.S. naval blockade.
TEHRAN, Iran — Iran’s currency hit a record low Monday as Washington prepared to announce new sanctions it said would add further pressure on an economy already battered by previous sanctions and a U.S. naval blockade.
Iran ’s currency hit a record low on Monday as Washington prepared to announce new sanctions it said would put more pressure on an economy already battered by previous sanctions and a U.S. naval blockade. The rial dropped to 2.02 million to the U.S. dollar as trading opened on currency markets.
Iran’s currency, the rial, hit a record low over 2.02 million to the U.S. dollar on Monday as the Trump administration prepared to unveil its “Economic D-Day” maximum sanctions against Tehran.