Current Edition About Subscribe The Jerusalem Center

Daily Alert Archive

Every Daily Alert Since 2002

Search

Search more than 90,000 news items by topic, author, or source.
Use " " to search for multiple words and phrases.

Trending Topics

April 12, 2018       Share:    

Source: https://www.nytimes.com/2018/04/11/world/middleeast/currency-iran-economy.html

Steep Slide in Currency Threatens Iran's Economy

(New York Times) Thomas Erdbrink - The Iranian rial plunged this week, losing 35% of its value against the dollar and hitting a record low. In 2013, the exchange rate was 36,000 to the dollar; in Tehran's black-market exchanges this week the going rate was 60,000. The currency slide is taking its toll on business, with many firms selling foreign products halting all sales, unable to determine prices.

View the full edition of Daily Alert

Back to Archive

Subscribe to Daily Alert: