EZB8RISK / Market Briefing

Iran's rial slipped to fresh record lows against the dollar and euro, with the central bank selling dollars to slow the slide. External pressure keeps mounting as the US expands it

Iran's rial slipped to fresh record lows against the dollar and euro, with the central bank selling dollars to slow the slide. External pressure keeps mounting as the US expands its military presence in the region, though Trump's comment that Iran has virtually abandoned nuclear weapons plans adds a mixed note to the standoff. Domestically, another execution tied to the January protests points to continued hardening of internal control while officials remain divided over who's responsible for the economic deterioration.

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