Iran's Rial Hits Record Low Amid U.S. Tensions

Reported 2 days ago

Iran's currency, the rial, has reached a record low against the U.S. dollar, trading at over 1 million rials as geopolitical tensions with the U.S. persist. The rial's decline follows international sanctions and economic pressure exacerbated by the U.S.'s withdrawal from the nuclear deal and renewed sanction efforts under President Trump. Economic hardships are driving Iranians to seek stability in hard currencies and reflecting broader political discontent within the country.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis