
Latest figures out of Tehran show that the value of Rial, the Iranian currency against Dollar dropped to more than 35000 Rials to a Dollar on Sunday evening. This decrease in value continued on Monday as well. Iran’s ISNA official news agency reported that the value of Dollar is at 35600 Rials which is the highest level since President Rouhani has taken office. The reports also indicate that Euro is being exchanged at about 43500 Rials on the currency market.

One Dollar was being exchanged at 33950 Rials on Saturday, but it went up more than 1000 Rials on Sunday.
This drastic drop in the value of Rial coincides with the drop in price of oil in the global market.