Friday, February 16, 2018
Currency devaluation against US dollar rattles Iran | News
Tehran, Iran – Iran has introduced new monetary measures to halt the devaluation of the country’s currency, a move seen as a setback to President Hassan Rouhani’s efforts to bring investment and create more jobs following a 2015 nuclear deal. The rial has been on a downward spiral, falling to an all-time low against the US dollar on Wednesday, when it traded for 50,000 rials, 30 percent higher 
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