News > Iran currency drops to lowest value ever amid US sanctions

Iran currency drops to lowest value ever amid US sanctions

The Free Press Journal | 12/06/2022 08:18 PM | Click to read full article

Iran's currency Sunday dropped to its lowest value ever as talks to revive the country's tattered nuclear deal with world powers remained deadlocked. Traders in Tehran exchanged the rial at 332,000 to the U.S. dollar, up from 327,500 on Saturday. 

Iran's currency was trading at 32,000 rials to the dollar at the time of Tehran's 2015 nuclear deal with world powers.