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✉news BusinessEconomy first seen 1 h ago, last 36 min ago, peak #14

Iranian rial hits all-time low amid economic crisis

Original: Iranian rial hits all-time low as economy continues free fall

Iran's currency, the rial, has fallen to an all-time low against the US dollar, underscoring the country's deepening economic crisis. The slide reflects ongoing pressure from inflation, sanctions and eroding confidence in the economy, with ordinary Iranians seeing their purchasing power shrink further as the currency continues to lose value.

Why now: The rial's record collapse signals a worsening economic crisis affecting everyday life in Iran.

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