Iranian rial continues record slide in 13% 1-day drops

By JPOST.COM STAFF, REUTERS
October 1, 2012 15:17

 
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The Iranian rial continued its plunge on Monday, falling a total of 13 percent in open-market trade on Monday to a new all-time low of about 33,500 per US dollar, according to AFP. 

The currency has lost about a quarter of its value in the past week.

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