The rial sank to 116,000 to the dollar on the black market Sunday from about 90,000 last week. AFP / ATTA KENARE
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Iran's Revolutionary Guard, in unusually pointed language, called on President Hassan Rouhani to do more to prop up the rial after the currency fell to a historic low this week in anticipation of renewed U.S. sanctions.If senior Iranian officials have in the past expressed support for Rouhani's efforts to shield Iran from the sanctions' fallout, then the Guard's language Tuesday was harsher, demanding that he immediately take more forceful action to deliver results.In a separate appeal, some 200 lawmakers sent Rouhani a letter demanding that he shake up his economic team and replace the economic and financial affairs minister and the industry, trade and mines minister, the semiofficial Iranian Students' News Agency reported, quoting Abolfazl Soroush, a member of Parliament for Tehran.An adviser to Rouhani said the U.S. would need to show that it respects Iran and is returning to the nuclear deal that Trump rejected.
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