Iran Currency Iran's government has fixed the exchange rate of the national currency, after it lost 20% against the dollar in two weeks. The rate is now 42,000 rials to the dollar—the official rate had previously been 37,000, but traders were using a rate of 60,000 rials to the dollar. "Anyone trading at any other rate [than 42,000] will be considered a smuggler," said Vice President Eshaq Jahangiri. BBC
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