Iran’s rial hits an all-time-low against the us dollar – bbc news currency converter jpy to usd

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"From our perspective this speaks to the unrelenting and increasingly successful international pressure that we are all bringing to bear on the Iranian economy," spokeswoman Victoria Nuland said.

The rates were not available on the exchanges’ websites later in the day aud usd forecast 2016. The BBC’s Middle East analyst Sebastian Usher suggested the figures had been blanked out because of the extent of the fall.

The latest slide appears to have been triggered by a government move to supply dollars to importers of certain basic goods at a special rate in an attempt to rein in the currency slide, but the move has had the opposite effect.

International attention may be focused on the country’s alleged ambitions for a nuclear bomb, but for ordinary Iranians it is the economy that is the real issue.

Inflation is raging, making some basic foodstuffs prohibitively expensive.


Economic sanctions, led by the US and European Union, have played a key role hedging in the financial futures market. Iran has been all but frozen out of the global banking system, with its oil exports slashed.

But government mismanagement has also played its part 1 usd to bgn. A government exchange centre undercutting the black market rate, launched just last week, has only made things worse exchange rate pound sterling to us dollar. Opposition websites are castigating the authorities, with one website accusing the central bank of being incapable of getting the situation under control.

Iran is all but frozen out of the global banking system as a result of largely US-led sanctions designed to discourage what it says is Iran’s attempts to build a nuclear weapon.

It means it is unable to sell its valuable oil assets to most other countries yahoo news canada. Analysts suggest it may also have to accept lower prices from countries still willing to trade with it.

Opposition MP Elyas Naderan said last week that the government "was not doing anything to control the market", according to anti-government Iranian news service Rahesabz, quoted by BBC Monitoring.

The Fars news agency also carried an open letter from "Iranian technological analysts" calling on the president to tackle the "dangerous economic situation".

According to the report, also translated by BBC Monitoring, the analysts said that most of the country’s economic problems had been caused by the weakness of the currency – as imported raw materials used by manufacturers need to be paid for in hard currency.

Dramatic currency falls can also lead to uncertain markets as dealers hoard the harder currency in the hope that it will gain even more in value.

"From our perspective this speaks to the unrelenting and increasingly successful international pressure that we are all bringing to bear on the Iranian economy," spokeswoman Victoria Nuland said.

The rates were not available on the exchanges’ websites later in the day usd brl exchange rate. The BBC’s Middle East analyst Sebastian Usher suggested the figures had been blanked out because of the extent of the fall.

The latest slide appears to have been triggered by a government move to supply dollars to importers of certain basic goods at a special rate in an attempt to rein in the currency slide, but the move has had the opposite effect.

International attention may be focused on the country’s alleged ambitions for a nuclear bomb, but for ordinary Iranians it is the economy that is the real issue.

Inflation is raging, making some basic foodstuffs prohibitively expensive funny quotes about friendship. Economic sanctions, led by the US and European Union, have played a key role us futures market hours. Iran has been all but frozen out of the global banking system, with its oil exports slashed.

But government mismanagement has also played its part euro dollar exchange rate forecast 2016. A government exchange centre undercutting the black market rate, launched just last week, has only made things worse. Opposition websites are castigating the authorities, with one website accusing the central bank of being incapable of getting the situation under control.

Iran is all but frozen out of the global banking system as a result of largely US-led sanctions designed to discourage what it says is Iran’s attempts to build a nuclear weapon.

It means it is unable to sell its valuable oil assets to most other countries euro egyptian pound exchange rate. Analysts suggest it may also have to accept lower prices from countries still willing to trade with it.

Opposition MP Elyas Naderan said last week that the government "was not doing anything to control the market", according to anti-government Iranian news service Rahesabz, quoted by BBC Monitoring.

The Fars news agency also carried an open letter from "Iranian technological analysts" calling on the president to tackle the "dangerous economic situation".

According to the report, also translated by BBC Monitoring, the analysts said that most of the country’s economic problems had been caused by the weakness of the currency – as imported raw materials used by manufacturers need to be paid for in hard currency.

Dramatic currency falls can also lead to uncertain markets as dealers hoard the harder currency in the hope that it will gain even more in value.

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