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Iranian Rial at New Low, as Central Bank Sells Dollars to Support Currency

Summary by Dawn
Iran’s rial has continued its decline, as the central bank announces an injection of up to $2 billion to support the...

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Lean Left

The Iranian rial continues to fall to record levels despite the injection of $2 billion to support it, having lost more than half its value in a year, amid inflation of more than 70% and the pressures of the United States sanctions and blockade.

The Iranian currency fell again on Saturday, and the central bank decided to commit up to two billion dollars to try to stop the fall.... Read more The rial drops, Tehran comes out two billion dollars to catch it appeared first on Le Singulier.

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snn.ir broke the news on Saturday, October 3, 2026.
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