Foreign Currencies Tumble in Tehran Market

Foreign exchange rates in Tehran’s market dropped below the support level of 120,000 rials on Wednesday as foreign currency rates continue to decline in the open market. 
The US dollar was traded at 118,000, down from the previous day's 122, 000. But reports from the unofficial market suggested that the greenback was being traded  as low as 111,500.  
The euro was traded for 1370,000 rials and the UAE  dirham for 33,000, both down against the rial.