close
Advertisement
Can't connect right now! retry

add The News to homescreen

tap to bring up your browser menu and select 'Add to homescreen' to pin the The News web app

Got it!

add The News to homescreen

tap to bring up your browser menu and select 'Add to homescreen' to pin the The News web app

Got it!
September 21, 2020

Iran’s rial hits record low as tension spikes with US

World

September 21, 2020

DUBAI: The Iranian rial fell to a record low against the US dollar on the unofficial market on Sunday, a day after the US President Donald Trump’s administration declared all United Nations sanctions on Tehran had been restored. The dollar was offered for as much as 273,000 rials, up from 267,800 rials on Saturday, according to foreign exchange site Bonbast.com, which tracks the unofficial market. Iran has dismissed the US move as “void and illegal” and U.N. Secretary-General Antonio Guterres told the Security Council on Saturday he cannot take any action on the US declaration because “there would appear to be uncertainty” on the issue.