the basic monetary unit of Qatar and Saudi Arabia see Money Table
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Noun
Traders in Tehran exchanged the rial at 332,000 to the U.S. dollar, up from 327,500 on Saturday.Fox News, 12 June 2022 But as speculation circulated about a possible failure of the talks, Iran’s currency, the rial, lost 20% of its value. Omid Khazani, Los Angeles Times, 2 June 2022 On Thursday, Iran's currency dropped to a low of 300,000 rial to the dollar. Ben Evansky, Fox News, 12 May 2022 Iran’s currency, the rial, dropped sharply since last week in reaction to a deadlock in the nuclear talks, trading around an all-time low level. Aresu Eqbali, WSJ, 10 Dec. 2021 The Iranian rial is now about 270,000 to the dollar – compared with 32,000 rials for $1 at the time of Tehran’s 2015 nuclear deal with world powers. Mohammad Nasiri, The Christian Science Monitor, 30 Sep. 2021 Since January 2020, the Iranian rial has lost 45 percent of its value against the U.S. dollar. Andrew Stuttaford, National Review, 20 June 2021 Since January 2020, the Iranian rial has lost 45 percent of its value against the U.S. dollar. Andrew Stuttaford, National Review, 20 June 2021 Since October, inflation has hit forty per cent, with the price of some basic food essentials rising by more than a hundred per cent as the value of the rial continues to tumble. Robin Wrigh, The New Yorker, 5 Aug. 2021 See More