Iran’s Currency Continues to Fall, Rouhani’s Administration Says Criticism 'Acceptable'

The Iranian currency continued to fall as its rial hit a record low against the US dollar for the second time in two months over concerns about Iran's economy. The Iranian government, according to several officials in President Hassan Rouhani’s administration, rushed to defend its performance against the harsh criticisms by the state’s newspapers although government Spokesman Mohammad Bagher Nobakht said the criticisms were "acceptable". The rial, which had plunged through 50,000 rials to the dollar in February, depreciated to 60,000 on the unregulated market. The rial has reached a s

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