Iranian Currency Plunges As Sanctions Bite -- Reuters
* Rial hits new record low against U.S. dollar
* Has lost about a third of value in past week
* Impact of Western sanctions seems to be growing
* Ahmadinejad insists country is coping
* Rejects criticism of his economic record
DUBAI, Oct 2 (Reuters) - The Iranian currency fell to a record low on Tuesday as the Islamic republic struggles under the impact of Western economic sanctions and nervous citizens rushed to change their savings into hard currency.
The Iranian government blamed speculators for the rial's collapse and ordered the security services to take action against them.
President Mahmoud Ahmadinejad rejected criticism of his policies and insisted the country could ride out the sanctions, imposed because of Iran's nuclear programme, after the rial lost about a third of its value in a week.
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More News On The Collapse Of Iran's Currency
Ahmadinejad Blames West, Opposition For Currency Plunge -- Radio Fee Europe
Iran rial: Mahmoud Ahmadinejad blames slide on 'enemies' -- BBC
Iran's rial hits an all-time-low against the US dollar -- BBC
Iran president: 'Psychological' blows hit currency -- Bloomberg Businessweek/AP
Iran rial plunges to record low -- Gulf News/Bloomberg
Iran's woes deepen as currency takes a beating -- Sydney Morning Herald
Iran targets speculators as currency continues to tumble -- Haaretz/Reuters
Plunging Currency Adds to Iran's Woes -- Voice of America
As currency plunges, more signs of unrest plague Iran -- Haaretz
Iran currency crisis: Sanctions detonate unstable rial -- Amir Paivar, BBC
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