Iranian rial falls to historic low

BAKU, Azerbaijan, November 2. The nationwide
foreign money of Iran – rial, reached a historic low in opposition to the US
greenback, on November 2, Pattern reviews referring to Iranian media.

At the moment, the worth of $1 on the black market in Iran is round
344,000 rials. The determine stood at 337,000 rials this morning.

Financial sanctions in opposition to Iran by the US and Western Europe
nations, ongoing protests, inflation, in addition to different issues
present that the financial state of affairs within the nation is changing into extra
difficult day-to-day.

In Iran, the official change fee is used for the import of
some important merchandise.

SANA system is a system launched by the Central Financial institution of Iran
to the foreign money change places of work, the place the worth of 1 euro is
284,771 rials, and the worth of $1 is 288,445 rials.

NIMA is a system meant for the sale of a sure share
of the overseas foreign money gained from export.

The worth of 1 euro on this system is 270,901 rials, and the
value of $1 is 274,396 rials.

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