Iran Money Exchange in Sherman Oaks, California with Reviews - gedyfej.web.fc2.com

TEHRAN -- The Iranian currency plunged to a record low Monday, plummeting to a street value of 32, rial to the dollar, according to exchange tracking websites. The dramatic numbers were censored and disappeared from websites minutes after they were posted Monday. Yet the news was also relayed through the semi-official Mehr News Agency, which reported the rial was trading at an only slightly better rate of 32, to the dollar.

The newest numbers revealed a stunning drop in just a few days: The rial had been selling for 26, per dollar on the Tehran black market as of Thursday. But the trend is nothing new.

BBB Business Profile | Iran House of Exchange

The plunge is another sign of the economic unease in Iran as it grapples with economic sanctions that bulls seized on oil etfs options tightened in the past year. Western powers, unconvinced by Iranian insistence that its nuclear program is solely for peaceful purposes, have ratcheted up pressure to try to curb its uranium enrichment efforts.

The unease iranian currency exchange in los angeles apparently spurred Iranians to buy up dollars and other foreign currency.

Though the Iranian central bank sets an official trading rate of 12, rials to the dollar, the street value of the rial is far lower.

As Iranians continued to be pinched financially, the iranian currency exchange in los angeles strain could have political repercussions.

THE IRANIAN: Where's my money?, Ramin Mahmoodi

A recent Israeli Foreign Ministry report, reported by Haaretzfound Iranians blamed their government for the surging cost of bread, meat and electricity caused by Western sanctions. Afghan suicide bomber kills 14, including three NATO troops.

Ex-presidential candidate in Egypt faces fresh corruption charges. Hourly wage in Mexico? Union members express fears of legislation.

An Iranian woman displays a new 50, rial banknote released by the Central Bank of Iran in Tehran on March 12, World Business Sports Entertainment Health Style Travel Opinion.

World Now News from around the world. Afghan suicide bomber kills 14, including three NATO troops Ex-presidential candidate in Egypt faces fresh corruption charges Hourly wage in Mexico? Union members express fears of legislation -- Ramin Mostaghim in Tehran and Emily Alpert in Los Angeles Photo: