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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
The S&P Materials sector closed this trading week in green with 1% gain, while Materials Select Sector SPDR (NYSEARCA:XLB) also registered nearly 1% growth for the five-day period. Silver (XAGUSD:CUR) … Read Full Story at source (may require registration)
The Bank of Israel’s Composite State of the Economy Index grew 0.05% in month-on-month seasonally-adjusted terms in December, which was a deterioration from November's 0.09% increase. The result marked the 26th consecutive month of growth, but was the worst reading since October 2020. In December, stronger industrial production, manufacturing imports and employment data more
Former cartel bosses, drug traffickers and police officers took the stand this week in the trial of Genaro García Luna, Mexico’s former federal security minister and architect of the country’s war on drugs, which he carried out while publicly working with the DEA and secretly working with the world most powerful drug cartel capo, Joaqu&iacut
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Congress leader Rahul Gandhi on Sunday unfurled the national flag at the historic clock tower of Lal Chowk here as part of the 'Bharat Jodo Yatra', amid stringent security measures usually reserved for a prime ministerial visit.
In a letter to Zahawi, Sunak said following new information which came to light in recent days regarding Zahawi's personal financial arrangements and declarations, he asked Sir Laurie Magnus, the Independent Adviser on Ministers’ Interests, to fully investigate this matter.