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Discover Latest #Rial News, Articles and Videos with Contenting
The following are news articles, blog posts, and videos related to Rial. You can explore them further for more information on the currency, its value, and its role in the global economy. News 1. Iran's Currency Reaches Record Low Against US Dollar In August 2018, Iran's currency, the rial, hit an all-time low against the US dollar. On August 8th, one US dollar was worth about 110,000 rials, making it more difficult for Iranian citizens to purchase goods and services. The drop in the value of the rial has been attributed to the upcoming sanctions from the US, as well as the country's economic mismanagement. 2. Iran Introduces New Currency In April 2019, the Iranian government announced that it would be introducing a new currency, the toman. The toman is equal to 10,000 rials, and was intended to reduce confusion and make transactions easier. The move was also seen as an attempt to boost the value of the rial, although it remains to be seen if this measure will be successful. Blog Posts 1. The Impact of US Sanctions on the Iranian Rial In this
UK Inflation Rises to 3.6%, a 2024 High - ForexTV
In June 2025, the United Kingdom experienced an increase in its annual inflation rate to 3.6%, marking the highest rate since January 2024. This rise follows a 3.4% rate in May and surpasses previous expectations that it would remain stable. The primary factor contributing to this increase was the rise in transport costs, which saw a 1.7% jump compared to 0.7% in May. This surge was notably influenced by higher motor fuel expenses. Additional contributors included increased airfares, especially on long-haul and European routes, alongside elevated costs for rail travel and maintenance of personal vehicles. There was also an uptick in clothing and footwear prices, moving to 0.5% from a previous decline of -0.3%, while food prices rose to 4.5%, the highest since February 2024, driven by items such as cakes and cheddar cheese. Conversely, services sector inflation remained stable at 4.7%, with a slight easing observed in housing and utilities (down to 7.5% from 7.7%) and household services (decreasing to 6.7% from 6.9%). On a monthly scale, the Consumer Price Index (CPI) saw a 0.3% rise, exceeding the 0.2% increase recorded in May. Core inflation also picked up pace, with the annual rate reaching 3.7% and a monthly increase of 0.4%.The material has been provided by InstaForex Company - www.instaforex.com
Copper Prices Fall as US-Bound Shipments Slow - ForexTV
Copper futures fell below $5.50 per pound on Wednesday, reversing the previous session's gains due to diminishing momentum in redirecting shipments to the United States, just as the imposition of new tariffs approaches. This deceleration in demand for US-bound copper has impacted the global copper supply chain, evident in the sharp decline in inventory withdrawal requests from London Metal Exchange warehouses. This trend is occurring as markets prepare for President Donald Trump's announcement of a 50% tariff on copper imports, which is scheduled to take effect on August 1. The tariff aims to stimulate domestic production and lessen reliance on foreign refined copper. Currently, the United States produces slightly over half of the refined copper it consumes each year, with Arizona contributing more than two-thirds of the nation's output. In 2024, over 90% of US copper imports originated from Chile, Canada, and Peru.The material has been provided by InstaForex Company - www.instaforex.com
Silver Gains as Dollar and Treasury Yields Ease - ForexTV
Silver prices advanced to approximately $38 per ounce on Wednesday, rebounding after a two-day dip as both the US dollar and Treasury yields eased from their recent peaks. This shift occurred as investors reevaluated the Federal Reserve's policy stance and closely watched evolving trade scenarios. The previous day's trading saw silver under pressure after US consumer inflation figures prompted market participants to adjust their expectations regarding the timing of Fed rate cuts. Dallas Federal Reserve President Lorie Logan contributed to a cautious market sentiment by suggesting that the central bank might need to maintain rates at their current levels for an extended period to control inflation, particularly given the upward pressure from tariffs. Simultaneously, trade tensions escalated after US President Donald Trump indicated forthcoming tariffs on pharmaceuticals and semiconductors starting August 1, along with the possibility of over 10% levies on smaller countries.The material has been provided by InstaForex Company - www.instaforex.com
How Die Cutting Services Improve Industrial Part Production
In industrial manufacturing, accuracy and speed are essential for success. Every second counts whether you are turning out electronic products, car parts, or packaging materials. Every cut counts. If your company is involved in mass production or involves large systems, this article will show the way to improve efficiency and cut waste. What Is Die […]
First Indictment Against René Benko in the Signa Case
Signa founder René Benko has been in pre-trial detention for months. Now, the Austrian Economic and Corruption Prosecutor’s Office (WKStA) in Vienna has filed its first indictment in the Signa complex. The former real estate billionaire is accused of having concealed assets.