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Iran's Currency takes a dive
...the rial fell to unprecedented lows against the dollar Tuesday, amounting to a 15 percent loss in value over the past three days, the Fars News Agency reported."There is sheer panic in the market," one steel trader said. "The price of the dollar is increasing by the hour." The Iranian Rial is quite a wackadoodle of a currency with lots of ups and downs - see the Iranian rial vs us dollar here Posted by: Lord Garth 2011-12-21 |
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