US EditionIran's Rial Hits Record Low of 1 Million Per Dollar as Economic Crisis Deepens
- Iran's rial currency reached a record low of over 1 million rials against the U.S. Dollar due to ongoing economic issues and international sanctions.
- Economic hardships have pushed Iranians to seek hard currencies and tangible assets, while the government faces political pressure due to rising discontent over economic management and officials' lavish spending.
- Iranian President Masoud Pezeshkian faces mounting pressure amid the falling rial, as Parliament impeached his finance minister for mismanagement.
- Pezeshkian expressed willingness for a fair dialogue with the U.S. Based on equality, criticizing America's conduct as humiliating.
81 Articles
81 Articles
East Bay Times
siliconvalley.comIran’s currency falls to a record low against the dollar as tensions run high
By Nasser Karimi and Jon Gambrell | Associated Press TEHRAN, Iran — Iran ’s rial currency traded Saturday at a record low against the U.S. dollar as the country returned to work after a long holiday, costing over 1 million rials for a single greenback as tensions between Tehran and Washington likely will push it even lower. The exchange rate had plunged to over 1 million rials during the Persian New Year, Nowruz, as currency shops closed and onl…
Under President Trump's 'Maximum Pressure' Iran's Currency Hits New All-Time Low
Iran's currency has plummeted to an unprecedented low amid escalating global tensions and renewed U.S. sanctions. Analyze the implications of this economic crisis and the political strategies behind it.
Iran’s currency falls to record low against the dollar as tensions run high
TEHRAN, Iran (AP) — Iran ’s rial currency traded Saturday at a record low against the U.S. dollar as the country returned to work after a long holiday, costing over 1 million rials for a single greenback as tensions between Tehran and Washington likely will push it even lower. The exchange rate had plunged to…
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