🇮🇷 IRAN RIAL HITS A NEW ALL TIME LOW
Iran’s rial has plunged to a fresh record low with traders in Tehran exchanging more than 2.5 million rials for just $1. 📉
The currency’s collapse reflects mounting economic pressure including the ongoing Middle East war, sanctions and pressure on Iran’s oil trade. The rial had already fallen to around 2.2 million per dollar on September 2.
Another major warning sign for Iran’s economy and a development crypto & global markets traders are watching closely.
#iran #usd #crypto #GlobalMarkets #economy
Iran’s rial has plunged to a fresh record low with traders in Tehran exchanging more than 2.5 million rials for just $1. 📉
The currency’s collapse reflects mounting economic pressure including the ongoing Middle East war, sanctions and pressure on Iran’s oil trade. The rial had already fallen to around 2.2 million per dollar on September 2.
Another major warning sign for Iran’s economy and a development crypto & global markets traders are watching closely.
#iran #usd #crypto #GlobalMarkets #economy
