Iranian rial. How will global crisis and pandemic affect Iran’s national currency?

Iranian rial: fundamental analysis, technical analysis, COVID-19, trend analysis, actual scenario.

Today we will have a look at the situation in Iran and the rate of its national currency – Iranian rial. 

First, I need to mention that Iran has been continuously subjected to the Western world’s sanctions since 1950. The last round of sanctions hit the country’s economy the hardest.

In 2018, Donald Trump reimposed sanctions on exports of cars, hydrocarbons and precious metals.  US sanctions will be also imposed on any country that will continue trading with Iran.

Iran’s access to external borrowing became limited. The country was…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>