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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 recently hit a new record low of 2.5 million

The Iranian rial has fallen to a new record low of 2.5 million to the US dollar, breaking the previous record of 2.2 million set on September 2. The collapse reflects mounting pressure on Iran's economy amid the widening regional conflict, with observers pointing to sanctions, inflation and war-driven uncertainty as drivers of the currency's slide.

Why now: The currency's unprecedented collapse amid the ongoing regional war is raising alarm about Iran's economic stability.

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• 🟠 UPDATE Iran's Currency Hits Record Low Amid Regional War The Iranian rial recently hit a new record low of 2.5 million to the dollar, following a previous record of 2.2 million set on September 2. 📰 https://www. hindustantimes.com/world-news/… · GeoWire · 4

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