🚨 JUST IN: 🇮🇷 Iran’s rial has COLLAPSED to a new all-time low against the U.S. dollar.
The free-market rate has now crossed 2.5 MILLION rials for just $1.
Just 27 days ago, the rial hit its previous record low of around 2.2 million per dollar.
Now, another record.
The currency’s accelerating collapse reflects the growing economic pressure facing Iran amid the ongoing Middle East conflict, sanctions and disruption to its economy.
For ordinary Iranians, a weaker rial means imported goods become dramatically more expensive and purchasing power comes under further pressure.
The currency crisis is moving fast.
And markets are watching what happens next.
#Iran #USD #Forex #Geopolitics #Economy
The free-market rate has now crossed 2.5 MILLION rials for just $1.
Just 27 days ago, the rial hit its previous record low of around 2.2 million per dollar.
Now, another record.
The currency’s accelerating collapse reflects the growing economic pressure facing Iran amid the ongoing Middle East conflict, sanctions and disruption to its economy.
For ordinary Iranians, a weaker rial means imported goods become dramatically more expensive and purchasing power comes under further pressure.
The currency crisis is moving fast.
And markets are watching what happens next.
#Iran #USD #Forex #Geopolitics #Economy
