The currency had already been under pressure before the U.S. and Israel attacked in February, as Iran faced double-digit inflation and negative growth
Published Aug 24, 2026, 9:26 AM EDT
The currency had already been under pressure before the U.S. and Israel attacked in February, as Iran faced double-digit inflation and negative growth
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By Nasser Karimi and David Rising
Published Aug 24, 2026, 9:26 AM EDT
Iran's rial plummets to a record low as the U.S. prepares to impose new sanctions amid ongoing economic turmoil.
Iran's currency has plummeted to a staggering 2.02 million rials against the US dollar, reflecting deepening economic strain as…
The rial dropped to 2.02 million to the U.S. dollar as trading opened on informal currency markets.
DUBAI, United Arab Emirates (AP) — Iran’s currency hit a record low Monday as Washington prepared to announce new sanctions it…
Iran’s currency has hit a new record low. The rial dropped to 2.02 million to the U.S. dollar as markets opened Monday.
Jump to contentAllNewsSportCultureLifestyleIran's currency, the rial, has plummeted to a record market low of 2.02 million to the…
