Iran currency slips to new lows amid U.S., European tensions

DUBAI, U.A.E.: Iran's currency, the rial, plunged to new historic lows on December 14, reflecting growing economic pressures and escalating geopolitical tensions.

The unofficial exchange rate saw the rial trading at 756,000 to the U.S. dollar, a sharp drop from 741,500 rials just a day earlier, according to Bonbast.com, which monitors currency exchange rates. Bazar360.com reported similar figures, with the doll