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Iran's Rial Hits Record Low Against the Dollar

Original: 🟠 UPDATE Iran's Currency Hits Record Low Amid Regional War The Iranian rial hit a new record low of 2.5 million rials pe

The Iranian rial has fallen to a record low of 2.5 million rials per dollar, breaching the previous record of 2.2 million set on September 2. The collapse comes amid a regional war, deepening economic pressure on Iran as the currency's value erodes and ordinary Iranians face rising costs and shrinking purchasing power.

Why now: Ongoing regional conflict is intensifying fears about Iran's economy, driving the currency to a historic low.

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Evidence

• 🟠 UPDATE Iran's Currency Hits Record Low Amid Regional War The Iranian rial hit a new record low of 2.5 million rials per dollar, following a previous record of 2.2 million set on September 2. 📰 https://www. huffpost.com/entry/iran-curren… · GeoWire · 4

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