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Al Jazeera
Al Jazeera
World
Maziar Motamedi

Iran’s currency hits new record low amid nuclear deal uncertainty

Iran
The rial has fallen to historic lows against the US dollar [File: Ebrahim Noroozi/AP Photo]

Tehran, Iran – Iran’s national currency has hit new all-time lows amid developments that have cast doubts about the complete restoration of the nuclear deal and lifting of the United States sanctions.

The rial has fallen to historic lows against the US dollar in recent days, trading at rates close to 330,000 in the open market on Saturday and Sunday, the first two days of the working week in Iran.

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