Join our Community
Support ToI and remove all ads
Learn more

ISRAEL AT WAR - DAY 592

Iranian rial

Iranian banknotes are displayed by a street money exchanger at Ferdowsi square, Tehran's go-to venue for foreign currency exchange, in downtown Tehran, Iran, December 18, 2024. (AP Photo/Vahid Salemi)
December 18, 2024, 7:44 pm
Iranian rial falls to record low amid war, energy crisis, and anticipation of Trump
Currency’s value has dropped more than 10% since US election, while an energy crisis at home, exacerbated by sanctions, shutters schools and government offices amid cold winter
By Agencies and ToI Staff
In this photo from August 8, 2018, a man exchanges Iranian rials for US dollars at an exchange shop in the Iranian capital Tehran. (AFP Photo/Atta Kenare)
December 29, 2022, 7:35 pm
Iran replaces central bank chief as currency plummets to new low
Mohammad Reza Farzin chosen as new central banker after Islamic Republic hit with further sanctions for protest crackdown, supplying drones to Russia
By AFP
In this photo from August 8, 2018, a man exchanges Iranian rials for US dollars at an exchange shop in the Iranian capital Tehran. (AFP Photo/Atta Kenare)
June 12, 2022, 4:13 pm
Iran’s currency drops to all-time low amid US sanctions
Value of rial has plummeted by more than 4.4% since the start of June, reaching 332,000 to the US dollar
By AP and ToI Staff
File: A man counts banknotes and traveler checks in Tehran, Iran, August 21, 2019 (AP Photo/Ebrahim Noroozi)
June 20, 2020, 9:55 pm
Iran’s currency hits record low amid sanctions, virus, international pressure
Day after IAEA censures Tehran for blocking access to two sites and EU diplomats say they’ll back extending arms embargo, rial plummets to 190,000 for each dollar
By AP and ToI Staff
A woman seeking to buy US dollars, bottom right, speaks with The Associated Press in downtown Tehran, Iran, October 2, 2018. (AP Photo/Vahid Salemi)
October 2, 2018, 8:05 pm
Iran’s rial unexpectedly rallies after weeks of steep falls
Analysts ascribe rise to new government policy, increased import of foreign currency, and hope Europe will shield regime from US sanctions
By Nasser Karimi and Jon Gambrell
Illustrative: People protest the state of Iran's economy at the old grand bazaar in Tehran, Iran, Monday, June 25, 2018 (Iranian Labor News Agency via AP)
August 20, 2018, 12:02 pm
Iranians rage against elites’ nepotism, corruption in social media campaign
Anger grows online over the privileges and apparently extravagant lifestyles of government officials’ family members
By ToI Staff
A close up shot shows Iran's various Rial banknotes, bearing a portrait of Iran's late founder of Islamic Republic Ayatollah Ruhollah Khomeini, next to United States one-Dollar bills bearing a portrait of first US President, George Washington at a currency exchange office in a shopping center in the capital Tehran on April 10, 2018. (AFP PHOTO / ATTA KENARE)
August 5, 2018, 10:15 pm
Iran’s forex chief arrested in tense build-up to sanctions return
Ahmad Araghchi detained a day after he was fired; government faces criticism of its efforts to save economy in the face of approaching US sanctions
By AFP
A handout picture provided by the Iranian presidency shows Iranian president Hassan Rouhani during a meeting in Tehran on July 14, 2018. (IRANIAN PRESIDENCY/AFP)
August 1, 2018, 5:14 pm
Iran’s parliament to question president over economic woes
As rial nosedives, Hassan Rouhani must appear before lawmakers within a month
By AP
A close up shot shows Iran's various Rial banknotes, bearing a portrait of Iran's late founder of Islamic Republic Ayatollah Ruhollah Khomeini, next to United States one-Dollar bills bearing a portrait of first US President, George Washington at a currency exchange office in a shopping center in the capital Tehran on April 10, 2018. (AFP PHOTO / ATTA KENARE)
April 10, 2018, 6:57 pm
Iran seeks to pin rial to the dollar as currency hits record low
Tehran enforces single exchange rate, with government saying it is in ‘an economic war’
By Nasser Karimi
Illustrative photo of Iranian banknotes and foreign coins displayed by a vendor on a side walk of the Ferdowsi Street in Tehran, Iran, January 23, 2013. (Vahid Salemi/AP)
April 9, 2018, 4:54 pm
Iran’s rial at all-time low against the dollar
Currency plunges 18% in two days amid persistent fears Trump administration could pull out of nuclear deal and impose new sanctions
By AP
Iranian and US banknotes on display at a currency exchange shop in downtown Tehran, Iran, on April 4, 2015. (Vahid Salemi/AP)
March 26, 2018, 4:49 pm
Iran currency hits record low, crashing through 50,000 rial to the US dollar
Fearing a Trump administration pullout from the nuclear deal, Iranians are hoarding cash despite crackdown on foreign exchange dealers
By AFP
An Iranian oil worker rides his bicycle near an oil refinery south of the capital, Tehran, December 22, 2014. (AP/Vahid Salemi/File)
January 17, 2016, 3:34 am
Multinationals ready to jump into Iran market
After nuclear accord implementation, an economy desperate to modernize is seeing global businesses eager to help
By AFP
Iranian President Hassan Rouhani stands next to a portrait of supreme leader Ayatollah Ali Khamenei as he leaves at the end of a press conference in Tehran on June 13, 2015. (AFP Photo/Behrouz Mehri)
August 3, 2015, 2:58 am
Iran cuts welfare rolls to ease budget crisis
Ahmadinejad-era handouts to be slashed to help offset government’s deficit crunch
By AP
Iranian shopkeeper Masoud Hatami works at a home appliance store in Tehran, Iran. (AP Photo/Vahid Salemi)
July 7, 2013, 2:40 pm
Iran offers special exchange rate to lure commerce
Foreign investors allowed to buy rial at half price in move aimed at upping investment
June 23, 2013, 6:57 pm
Iranian currency spikes against dollar after Rowhani win
Traders in Iran report a 10-month high for the rial, 29,000 against the US dollar, compared to 36,000 less than 2 weeks ago
Load More
Sign in or Join The Times of Israel Community
Paying ToI Community members are invited to comment on articles
Please use the following structure: example@domain.com
Or Continue with
By joining you agree to the terms and conditions
Register to continue
Or Continue with
Log in to continue
Sign in or Join The Times of Israel Community
Only ToI Community members can comment below articles
Forgot your password? / Send me a login link
Or Continue with
check your email
Check your email
We sent an email to you at .
It has a link that will sign you in.
Join The Times of Israel Community
Commenting is available for paying members of The Times of Israel Community only. Please join our Community to comment and enjoy other Community benefits.
Please use the following structure: example@domain.com
Confirm Mail
Thank you! Now check your email
You are now a member of The Times of Israel Community! We sent you an email with a login link to . Once you're set up, you can start enjoying Community benefits and commenting.
Never miss breaking news on Israel
Get notifications to stay updated
You're subscribed
image
Register for free
and continue reading
Registering allows you to manage your newsletters and alerts and helps us improve your experience. It takes just a few seconds.
Already registered? Enter your email to sign in.
Please use the following structure: example@domain.com
Or Continue with
By registering you agree to the terms and conditions. Once registered, you’ll receive our Daily Edition email for free.
Register to continue
Or Continue with
Log in to continue
Sign in or Register
I forgot my password / Send me a sign in link
Or Continue with
check your email
Check your email
We sent an email to you at .
It has a link that will sign you in.