29 Mar 2024
Thursday 27 February 2020 - 16:33
Story Code : 371216

Coronavirus panic causes more woes for Irans currency: Chart

Coronavirus panic causes more woes for Irans currency: Chart
Bloomberg | : The spread of the coronavirus to Iran, which has more confirmed cases than anywhere in the Middle East, is causing panic in the Islamic Republic and the rial to tumble.

The currency has weakened about 10% on the black market since the nation announced its first case on Feb. 19, according to bonbast.com, a local website. Thats extended its drop since a bout of anti-government protests in November to almost 30%.
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