Iran’s Currency Craters to Historic Low Following Trump’s Victory – IOTW Report

Iran’s Currency Craters to Historic Low Following Trump’s Victory

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Iran’s already ailing national currency cratered after Donald Trump’s election victory, heralding tough times for Tehran’s economy as the former president prepares for another term in the White House.

The Iranian rial traded at 703,000 to 1 American dollar early Wednesday, an all-time low, before settling at 696,150 to a single dollar, according to the Associated Press. The steep drop signals fears in Iran that Trump will enter office prepared to level harsh new economic sanctions on the country—and enforce active ones—as punishment for its yearlong war on Israel. read more

7 Comments on Iran’s Currency Craters to Historic Low Following Trump’s Victory

  1. I wouldn’t send Iran a dollar. But then I wouldn’t send one to Ukraine either. Such a shame that the people have to suffer because their leaders are A$$holes.
    Much like Canada.

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  2. Curious that the Hezbollah block association on W.192nd St. in Cleveland shot no fireworks into landing aircraft @ Hopkins on Tuesday night- they fired ’em EVERY night during Ramadama ding-dong – guess that means THEIR candidates didn’t win herein OH or anywhere else. Strange that…

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