Iran's rial slopes downward as U.S. sanctions loom

Photo taken on July 30 2018 shows a vendor waiting for customers at the Grand Bazaar, the trade center in Tehran, Iran. The exchange rate of Iran's rial against foreign currencies in the unofficial market remains tense on Monday, a day after rial hit a record low against the U.S. dollar, where one dollar was traded for 115,000 rials.