20 September 2020

Iran dismisses U.S. efforts for UN sanctions as currency drops

https://www.theglobeandmail.com

Open this photo in gallery A man walks past the Central Bank of Iran in Tehran, Iran, Aug. 1, 2019. WANA NEWS AGENCY/Reuters Iran dismissed U.S. efforts to restore all U.N. sanctions on the country as mounting economic pressure from Washington pushed the local currency down to its lowest level ever on Sunday. Iran’s currency dropped to 272,500 to the U.S. dollar at money exchange shops across Tehran. The rial has lost more than 30% of its value to the dollar since June as sweeping U.S. [...]