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(Reuters-Trend-Azerbaijan) The Iranian rial has fallen to a new low against the U.S. dollar. On Oct. 19, on the black market, $1 is worth about 316,000-319,000 rials. The currency has lost nearly 60% of its value in 2020 as a drop in oil prices has deepened the economic crisis in a country which has the highest Covid-19 death toll in the Middle East.2020-10-19 00:00:00Full Article
Iran's Rial Falls to New Low
(Reuters-Trend-Azerbaijan) The Iranian rial has fallen to a new low against the U.S. dollar. On Oct. 19, on the black market, $1 is worth about 316,000-319,000 rials. The currency has lost nearly 60% of its value in 2020 as a drop in oil prices has deepened the economic crisis in a country which has the highest Covid-19 death toll in the Middle East.2020-10-19 00:00:00Full Article
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