Submit your comments on this article |
Syria-Lebanon-Iran |
Iran's Currency takes a dive |
2011-12-21 |
...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 |
#4 Lucky bastards, we should dream of a cheaper dollar. |
Posted by: bigjim-CA 2011-12-21 12:33 |
#3 Must be taking their lead from the Fed. |
Posted by: P2Kontheroad 2011-12-21 09:16 |
#2 But the graph is trending up, so that's good, right? The more Rials to the dollar, the better! For us. |
Posted by: Bobby 2011-12-21 06:32 |
#1 Fear not-eth, Iran, for your President Moud is on the case! |
Posted by: JosephMendiola 2011-12-21 00:04 |