Alva Review-Courier -

Fears rise, diapers vanish: Iran currency crash causes chaos

 

September 6, 2018



TEHRAN, Iran (AP) — Iran's rial fell to a record low on Wednesday as worried residents of Tehran lined up outside beleaguered moneychangers, part of a staggering 140-percent drop in the currency's value since America pulled out of the nuclear deal only four months ago.

Those who went to work at the start of the Iranian week on Saturday saw their money shed a quarter of its value by the time they left the office Wednesday. Signs of the currency chaos can be seen everywhere in Tehran, where travel agents offer vacation prices only in hard currency and diapers have disappeared from store she...



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