Free Republic 3rd Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $867
1%  
Woo hoo!! 3rd Qtr 2025 FReepathon is now underway!!

Keyword: toman

Brevity: Headers | « Text »
  • Iran’s rial hits new low on unofficial market; virus, sanctions weigh

    07/19/2020 2:00:35 PM PDT · by BeauBo · 25 replies
    Daily Times (Pakistan) ^ | JULY 20, 2020 | Agencies
    The Iranian rial fell to a new low against the US dollar on the unofficial market on Saturday and has now seen its value fall by almost half in 2020 as the economy comes under pressure from the coronavirus pandemic and US sanctions. The dollar was offered for as much as 255,300 rials, up from 242,500 on Friday, according to foreign exchange site Bonbast.com. The economic daily Donya-e-Eqtesad’s website gave the dollar rate as 252,300, compared with 241,300 on Friday. The currency has lost nearly 48% of its value in 2020, more than half of that in the past month,...
  • Iran moves to strike 4 zeroes from its battered currency

    08/21/2019 4:55:37 AM PDT · by BeauBo · 27 replies
    The State (South Carolina) ^ | August 21, 2019 | AMIR VAHDAT
    Iran's president sent a bill to parliament Wednesday that would cut four zeroes from the value of the Islamic Republic's sanctions-battered currency, the rial, as tensions remain high between Tehran and Washington. By sending the bill to lawmakers, President Hassan Rouhani's government shows it is serious about an idea discussed for some time in Iran, where people discuss monetary transactions in both rials and informally, but more commonly, in tomans. A toman is worth 10 rials. If passed by parliament and approved by lawmakers, Iran's Central Bank would in effect devalue the rial and rename it as toman. The bank...
  • Iranian rial continues to slide

    08/28/2018 4:53:14 AM PDT · by gasport · 7 replies
    https://www.bonbast.com/historical/usd/2018/08