QUOTE AND NEWS
The Hindu Business Line  May 16  Comment 
The United States is working to block sales of gold to Iranians in order to undermine their currency the rial and to step up pressure on Tehran over its nuclear programme, officials said on Wednes...
Reuters  Mar 31  Comment 
* Collapse in value of Iranian rial spurs surge in diesel smuggling
Resource Investor  Oct 10  Comment 
The Iranian Rial has just suffered one of the most cataclysmic crashes in the recent history of the foreign exchange markets. It was off 25% last week, and has plummeted a mind-numbing 72% since the beginning of 2011. Watch out Zimbabwe!
Reuters  Oct 8  Comment 
The impact of Iran's currency slide has reached beyond its borders, hitting shares of MTN Group, the South African mobile operator that derives nearly a tenth of its revenue from the Middle Eastern country.
FX Street  Oct 7  Comment 
First up, lemme give y'all a short background of what happened earlier this year. Back in February,... For more information, read our latest forex news and reports.
Reuters  Oct 5  Comment 
The fall in the Iranian rial over the past year is the result of Tehran's economic mismanagement and sanctions imposed over its disputed nuclear programme, U.S. Treasury official David Cohen said on Friday.
Clusterstock  Oct 4  Comment 
Western sanctions against Iran's oil trade have led to a total currency meltdown in Iran. Disillusioned Iranians have taken to the streets in protest the huge drop in purchasing power they've gone through recently, and everyone is wondering if...
Bloomberg  Oct 3  Comment 
The Ticker Is a Gang of 22 Destroying Iran’s Currency? ...
CNBC  Oct 3  Comment 
The protests over the plunging Iranian rial are taking currency wars to a whole new level.




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The chart at left shows the USD/IRR currency pair; the number of Iranian Rial equivalent to 1 U.S. Dollar (USD).

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