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Iranian rial breaks historic floor

Iran Materials 6 November 2024 14:12 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, November 6. Iran's national currency Rial on November 6 updated the historical minimum against the US dollar and euro, Trend reports.

At present, the price of 1 US dollar on the black market of Iran is about 703,000 rials. However, yesterday 1 US dollar amounted to 691,000 rials.

However, the price of 1 euro in the country's black market currently stands at 754,000 rials. The price of 1 euro yesterday equaled 750,000 rials.

The economic sanctions of the US and Western countries against Iran, inflation, and many other problems indicate that the economic situation in the country is complicated.

The official exchange rate announced by the Central Bank of Iran shows that 1 US dollar is equal to 441,000 rials and 1 euro is equal to 482,000 rials.

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