Iran's Currency In Freefall As Protests Sweep The Country
Iran's battered currency, the rial, was in a freefall on Saturday, hitting a historic low of more than 360,000 against the US dollar amid continuing protests. Since August, when there were some hopes for a nuclear deal with the United States, the rial has lost more than 20 percent of its value, hit by the double impact of an impasse in the negotiations and nationwide protests.
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