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Iranian currency hits another record low
Original: Iranian currency hits another record low under US economic pressure
Iran's currency has fallen to another record low against the US dollar, according to Iran International. The report attributes the decline to renewed American economic pressure, including sanctions that restrict Iran's oil exports and access to international finance. The sliding rial is driving up prices for imported goods and deepening hardship for ordinary Iranians, adding to public frustration over the country's worsening economic conditions.
Why now: The rial's collapse to a fresh record low signals deepening economic crisis under US sanctions, making it a major regional news story.
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- Iranian currency hits another record low under US economic pressure · Iran International
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