QUOTE AND NEWS
Reuters  Nov 24  Comment 
Iran's currency jumped more than 3 percent against the U.S. dollar on Sunday as news of a breakthrough deal to curb Tehran's nuclear program raised hopes that the economy would start recovering from international sanctions.
Forbes  Jun 17  Comment 
Effective July 1st, the United States has authorized new sanctions directly targeting the already-devalued Iranian rial with penalties for transacting or holding the currency outside of Iran. This represents the first time that the U.S. has...
New York Times  Jun 4  Comment 
President Obama authorized sanctions on any foreign financial institution that conducts “significant transactions” in the Iranian rial, the currency of Iran.     
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




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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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