Iranian rial dives 4% to new record low
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Iran's currency, the rial, dived 4% to a new low of around 28,000 to the US dollar in open trading on Saturday, deepening a month-long sell-off, according to exchange tracking websites and the Mehr news agency.
The new rate was down from the 26,900 rials per dollar fetched on Thursday, the last day of trading. (AFP)
