Published on
18/07/2026 - 15:45 GMT+2
The US hit a record high against the Iranian rial in Tehran's free market on Saturday, surpassing 1.94 million rials as mounting military and political tensions fueled a fresh sell-off in Iran's currency and heightened concerns over another wave of inflation.
The dollar traded at 1.941 million rials, marking a record high and an increase of 32,000 rials, or 1.67%, from the previous day's unofficial closing rate.
The euro also pushed higher, trading at 2.22 million rials, up 36,000 rials, or 1.64%, from Friday's unofficial close.
