SO THE RIAL HAS LOST ABOUT ANOTHER SEVENTH OF ITS VALUE IN JUST THE LAST FEW WEEKS: Iran’s currency slide pushes costs as household purchasing power falls. “The US dollar is currently trading at around 230,000 tomans, a sub-unit of Iran’s official rial currency, with one toman equal to 10 rials. The currency slide has pushed up import and raw-material costs, while declining purchasing power is increasingly forcing Iranian households to rely on instalment purchases and government support, according to an analysis published by the Iranian news outlet Iran News Wire, that reports from outside the country.”
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