Iran’s struggling currency sank to a new low against the U.S. dollar due to ongoing unrest and the country’s growing isolation in the face of Western criticism of its security crackdown and relations with Russia. According to the foreign currency website Bonbast.com, the dollar sold for as high as 370,200 Iranian rials on the unofficial market on Saturday, up from 367,300 rials on Friday.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

‘Willing to contribute to climate damage compensation’: China

China’s climate envoy Xie Zhenhua stated that it would be willing to…

US cuts WHO funding by 25 %

Brussels/Geneva: It emerged on Tuesday, US financial contributions to the World Health…

Biden to cancel another $1.2 billion of student loans

President Joe Biden’s administration said on Wednesday it is cancelling $1.2 billion…

Sri Lanka’s former intelligence chief arrested in connection with 2019 Easter Sunday bombings

Sri Lanka’s former intelligence chief has been arrested in connection with the…