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Maziar Motamedi

Maziar Motamedi latest

The rial has lost around 15 percent of its value on the open market in the past three days, bottoming at 128,500 to the dollar by Monday evening. (Shutterstock)
September 4th, 2018 - 08:43 GMT

Iranian Rial Deteriorates Against Dollar

The Iranian rial hit a historic low against the US dollar on Monday as the country’s economy continues to crumble.
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