REUTERS/Raheb Homavandi/TIMA
- The Iranian rial hit a record low against the U.S. dollar on the unofficial market on Monday.
- The dollar was being offered for as much as 128,000 rials, according to foreign exchange website Bonbast.com, which tracks the unofficial market.
- A weak economy and the US's withdrawal from the Iran deal has tanked the currency.
(Reuters) - The Iranian rial hit a record low against the U.S. dollar on the unofficial market on Monday amid a deterioration in the economic situation and the reimposition of sanctions by the United States.
The dollar was being offered for as much as 128,000 rials, according to foreign exchange website Bonbast.com, which tracks the unofficial market.
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