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SLIPPING AGAIN

June 25, 2021

After strengthening slightly, the rial has begun to lose value once again.  The dollar sold for 259,000 rials soon after Now Ruz and then strengthened markedly to 210,000 rials on May 5, according to the Bonbast website.  But it subsequently slipped and was selling for around 240,000 rials throughout June.

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