Iran’s Currency Hits a Record Low Iran’s currency dropped to an all-time low of 613,500 to the dollar amid the Persian New Year celebrations. The scarcity of open exchange shops during the Nowruz holiday, which spans from March 20 to April 2, exacerbated the situation. High demand for foreign currency, particularly dollars and Euros, due to holiday travel, coupled with limited access to exchange services, significantly influenced the currency’s valuation. This event reflects broader economic pressures and the impact of seasonal factors on Iran’s financial stability. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Yen keeps markets on edge, data points to BOJ intervention READ MORE In Gold We Trust, Own Silver We Must READ MORE Gold Holds Above $2,500: Safe-Haven Appeal Strengthens READ MORE Japan's ¥9.8 Trillion Currency Intervention Defended by Finance Minister READ MORE "I Think It's 30 Seconds To Midnight" $10,000 Gold, Crisis & Civil Unrest – Mike Maloney READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment