Iran’s currency hits a record low
TEHRAN, Iran (AP) — Iran’s currency fell to a record low on Sunday, plunging to 613,500 to the dollar, as its people celebrated the Persian New Year.On Sunday, people were trying to exchange rials…
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Iran refuses to recognise national currency’s fall in free markets
The Iranian rial has plunged rapidly against the dollar ever since the Israel-Hamas war led to increased worries of a direct US-Iran confrontation.
ADVERTISEMENTIran’s national currency has dropped about 13% since early…
The U.S. economy seems to be holding up
People shop at a retail store in Manhattan, New York City, on Jan. 5, 2024.Spencer Platt | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on…
The U.S. economy is humming along
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here.Wall…
Is the final leg of inflation fight the hardest?
Patrons shop for produce at a Mr. Pina Market in the Brooklyn borough of New York, US, on Tuesday, Dec. 26, 2023. Victor J. Blue | Bloomberg | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter.…
Is the battle against inflation getting tougher?
A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 13, 2023. …
U.S. consumers stay bullish on the economy
A shopper carries several bags in the Magnificent Mile shopping district of Chicago on Dec. 2, 2023.Taylor Glascock | Bloomberg | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily…
Concerns over sluggish U.S. consumer spending
A family eats lunch near a store advertising a Black Friday sale at the Pentagon City Mall in Arlington, Virginia, on November 22, 2023. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty…
Weak U.S consumer spending spells caution
Customers visit Macy's Herald Square store on December 17, 2023 in New York City. Kena Betancur | Corbis News | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings…
U.S. sanctions Iran Central Bank subsidiary for U.S. tech procurement and violating export rules
WASHINGTON — The U.S. on Wednesday imposed sanctions on three people and four firms — across Iran, the United Arab Emirates and Turkey — for allegedly helping to export goods and technology purchased from U.S. companies to Iran and the…