Definitions
from The American Heritage® Dictionary of the English Language, 4th Edition
- n. See Table at currency.
- n. Variant of riyal.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. The official currencies of Iran, Oman, Yemen, and Saudi Arabia,
- n. An old gold coin of England.
from the GNU version of the Collaborative International Dictionary of English
- n. A Spanish coin. See real.
- adj. Royal.
- n. A gold coin formerly current in England, of the value of ten shillings sterling in the reign of Henry VI., and of fifteen shillings in the reign of Elizabeth.
from The Century Dictionary and Cyclopedia
- Same as real.
- n. Same as real.
- n. See ryal.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. the basic unit of money in Yemen; equal to 100 fils
- n. the basic unit of money in Iran
- n. the basic unit of money in Oman
Etymologies
Examples
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The rial, which is normally closely pegged to the dollar, has lost about 15 percent of its value against the U.S. currency since Sunday.
Sanctions on Iran prompt concerns about rial's value as currency
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When there are two little dots over one of the letters, they are both to be sounded, as in the word Aërial, which is pronounced a-e-ri-al.
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Iran's currency, the rial, fell 10% to a record low on Monday, while gold prices rose.
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On Monday, it reached a low of nearly 21,000 rial to the dollar.
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Iran's currency, the rial, has lost over 70% of its value against the dollar since September, they said.
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Since the rial started plummeting in December, Iranians say many people have rushed to turn their capital into dollars or gold.
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Iranian authorities sent police into the streets of the capital Monday to crack down on informal currency trading and support the rial, signaling Iranians' heightened insecurity over their dwindling buying power and Tehran's increasingly hard-handed efforts to stave off economic panic.
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While the rial has been falling for almost a year, the latest drop appeared to be triggered by a recent U.S. announcement that it would penalize companies that do business with Iran's Central Bank, and a proposed plan to ban Iranian oil purchases in the European Union later this year.
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The rial was changing hands at 16,000 to 17,000 in recent days, down from 11,000 to 12,000 in December.
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Iran's rial currency has declined 40% to 55% against the dollar on the black market since December.
Comments
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