The EU is discussing a fourth round of sanctions against Iran, next week members of the Islamic Revolutionary Guard Corps will be added to the new restrictions.
The Iranian currency, the rial, fell to a record low against the dollar on Saturday, January 21 amid the country’s growing lockdown and possible EU sanctions, Reuters reported.
The dollar traded for 447,000 rials on Iran’s unofficial market on Saturday, compared with 430,500 the previous day. The rial has lost 29% of its value since protests began across the country following the death in police custody of 22-year-old Kurdish Iranian Mahsi Amini.
The EU is discussing a fourth round of sanctions against Iran, and diplomatic sources say members of the Islamic Revolutionary Guard Corps will be added to the new restrictions next week. But some EU member states want to go further and classify the Corps as a terrorist organization.
Faced with inflation at around 50%, Iranians looking for a safe haven for their savings are trying to buy dollars, other hard currencies or gold.
Recall that Iran does not recognize the “accession” to Russia of the temporarily occupied regions of Ukraine – regions of Crimea, Donetsk and Lugansk.
Source: korrespondent
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