Iranian currency falls to record low amid isolation and sanctions

Published by
Reuters

DUBAI (Reuters) – Iran’s troubled currency fell to a record low against the U.S. dollar on Saturday amid the country’s increasing isolation and possible Europe Union sanctions against Tehran’s Revolutionary Guards or some of its members. Ties between the EU and Tehran have deteriorated in recent months as efforts to revive nuclear talks have stalled. Iran has detained several European nationals and the bloc has become increasingly critical of the violent treatment of protesters and the use of executions. The EU is discussing a fourth round of sanctions against Iran and diplomatic sources have …

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