The Iranian rial fell to a new low against the U.S. dollar on Sunday as a record daily death toll from COVID-19 compounded concerns over new U.S. sanctions which may block some of Iran’s medicine purchases. The dollar was selling for as much as 312,200 rials on the unofficial market, up from 304,300 on Saturday, according to the foreign exchange site Bonbast.com. The economic daily Donya-e-Eqtesad’s website gave the dollar rate as 310,000 up from 303,300 on Saturday. The Tehran-based daily said the rial had fallen to 317,000 per dollar earlier on Sunday but clawed back some its losses after the Central Bank said it would inject $50 million per day to support the currency. The currency […]