Iran's Rial Slides Past 2mn per Dollar on Open Market

Iran’s Currency Hits Record Low Ahead of New US Sanctions

Iran’s rial hit a record low, heightening concerns over the country’s deteriorating economic state as Washington readies new sanctions.

Iran Rial Hits Record Low Ahead of U.S. Sanctions; Trump Administration Eyes $100K+ H-1B Visa Fee

Iran’s currency hit a record low on Aug. 24 as Washington prepared to announce new sanctions it said would add further pressure on an economy already battered by previous sanctions and a U.S. naval blockade. U.S. Treasury Secretary Scott Bessent is due to hold a press conference later on Monday. The Trump administration on Monday released a proposed regulation to codify a fee of more than $100,000 on certain H-1B visa petitions. More Breaking Ne…

Iran’s Rial Currency Hits New Record Low as US Prepares to Announce More Sanctions

TEHRAN, Iran (AP) — Iran’s currency hit a record low Monday as Washington prepared to announce new sanctions it said would add further pressure on an economy already battered by previous sanctions and a U.S. naval blockade.

Iran's rial currency hits new record low as U.S. prepares to announce more sanctions

Iran’s currency has hit a record low as Washington prepares to announce new sanctions. The U.S. has said the sanctions would add further pressure on an economy already battered by previous ones and an American naval blockade. The rial dropped…

Iran's rial slides past 2mn per dollar on open market

Iran's rial has slid past IRR2,031,000 to the dollar on the open market, roughly halving in under a year as war, sanctions and a naval blockade drain the supply of hard currency.