Iran’s currency plummets further to 112,000 rial per dollar

The Iranian rial plunged to 112,000 for each US dollar Sunday on unofficial markets, a further decline from 97,500 rials on Saturday. Another 29 people were arrested on charges of disrupting the economy and corruption. With tougher sanctions in store, the outlook is bleak. On Aug. 7, the US reapplies sanctions on Iran’s purchase of dollars, trade in metals and US imports of carpets and foodstuffs, as well as on certain financial transactions. Iran’s oil exports are expected to decline by two-thirds when the US ban goes into force from November 4.

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15 thoughts on “Iran’s currency plummets further to 112,000 rial per dollar

  • Jul 30, 2018 @ 11:59 at 11:59
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    Let us say that, in Tehran, one goes to buy a 1 (one) cherry of 1 cent each. This is 1120 rials. He takes his wallet and pulls out one note of 20 rials, one of 100, and one of 1000, and he’s good. No coins necessary!

    This way the great Islamic republic prevents the non-ecologic need of copper, steel, zinc and nickel to accumulate in people pockets and then being lost and poisoning the Islamic environment of the country with metals important for army purposes.

    By way of compare, the bad imperialistic 1 cent American coin has 2.5 grams of 97.5% Zn and 2.5% Cu. A lot of zinc! The free zinc ion in solution is highly toxic to plants, invertebrates, and even vertebrate fish. Or experiment have shown 6 micromolar concentration of zinc killing 93% of all Daphnia in water.

    Our Islamic Daphnia bugs are to have a long life, while all imperialist Daphnia are condemned to an atrocious death.

    Reply
    • Jul 30, 2018 @ 12:11 at 12:11
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      Zinc indeed very very bad is!
      Do not walk in a storm with bad American cents in your pocket, if not a lightning bolt may harm you.

      Reply
      • Jul 30, 2018 @ 13:06 at 13:06
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        Back in July 2008 in Zimbabwe I used to buy a cherry with 2,000,000,000 the exchange rate was 758,530,000,000 for an American dollar. It went up 1,500,000 times in one year.

        Say, your ayatollah has hereditary connections with Robert Mugabe?

        Reply
        • Jul 31, 2018 @ 0:41 at 0:41
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          Nope US criminal sanctions….financial terrorism from a bunch of cry babies …the dollar is being dropped every which way but loose……screwed…….

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    • Jul 31, 2018 @ 0:46 at 0:46
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      Brilliant dude haha….

      Reply
  • Jul 30, 2018 @ 12:51 at 12:51
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    Do not do as Obama did by easing sanctions just when they begin to produce results and start changing the behavior of the Mullah fascists. Bestrong and determined, President Trump.

    Reply
    • Jul 31, 2018 @ 0:39 at 0:39
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      Bagfuls of sanctions coming for ISISrael….smart asses…..not so smart soon……and the funny thing none of you morons can see it coming…. tragic…..

      Reply
  • Jul 30, 2018 @ 12:57 at 12:57
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    It must be a good thing that we don’t mint pennies any more made from steel coated with zinc like we had to do back in 1943!

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  • Jul 30, 2018 @ 13:44 at 13:44
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    Coffin nails. Carrot top n stick. Get em Trump! Shake hands with the man god king. Or take a missile up your dirty skirt pajamas. Mullah it over.

    Reply
  • Jul 30, 2018 @ 16:48 at 16:48
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    Where does Debka get the rates from?…

    xe.com rates are : 1 USD =44,004.72IRR

    Reply
    • Jul 30, 2018 @ 19:40 at 19:40
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      That is the official rate. The true rate, as of today, is +- 112,000 rial per dollar.

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    • Jul 30, 2018 @ 19:42 at 19:42
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      No Iranian bank will sell you dollars at a 44k rate.
      This is a government imposed and fixed rate.

      Reply
  • Jul 31, 2018 @ 0:37 at 0:37
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    Your HOST is 21 trillion in debt….countries are buying gold and dropping the dollar and treasury bonds….so you are all laughing now but very soon the US will be a third world country….no more free money from your host…lol……BDS Bibi baba…..

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    • Jul 31, 2018 @ 1:21 at 1:21
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      Baghdad Boob, Keep dreaming.

      Dow Jones at record highs.
      Unemployment at record lows.
      Arabs/Muslims killing Arabs/Muslims.

      Sanctions biting yer lifted azz in Fascist Iran? Though Shiite pal.

      Reply
  • Jul 31, 2018 @ 16:48 at 16:48
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    Sign in a bathroom in Tehran. Pleased don’t use Rials they clog the toilets. Thank you.

    Reply

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