By bnm Tehran bureau Currency markets in Iran surged on March 18 amid ongoing political tensions and recent impeachment ...

Iran is currently facing significant economic challenges as it navigates a period of fluctuating currency values and soaring inflation rates, which is impacting the purchasing power of its citizens.

causing many people to convert their savings into foreign currency, which in turn further devalued the rial. Hemmati acknowledged the tough economic climate during his five months in office ...

According to a post on X by Steve Hanke, Professor of Applied Economics at Johns Hopkins University in the United States, the Iranial rial is the third worst performing currency in the world. During ...

In 2015, the rial stood at 32,000 to the dollar, but by the time Pezeshkian assumed office in July, it had plunged to 584,000 per dollar. The currency’s value has since fallen further ...

According to a post on X by Steve Hanke, Professor of Applied Economics at Johns Hopkins University in the United States, the Iranial rial is the third worst performing currency in the world.

Copyright 2025 The Associated Press. All Rights Reserved. Iranian Finance Minister Abdolnasser Hemmati speaks during an open session of parliament for his impeachment ...

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A dollar fetched less than 600,000 rials in October last year, and less than 40,000 in early 2018. The national currency has been experiencing a sharp decline in recent weeks amid escalating ...

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Pi Coin, with its innovative mobile mining model and strong community backing, has gained attention, but its investment potential remains uncertain as 2025 approaches. Experts highlight challenges ...