Iran’s rial slid to a fresh all-time low of about 1.95 million per U.S. dollar on Sunday, as renewed U.S. pressure and a collapsing ceasefire push an economy already battling 68.9% projected inflation deeper into crisis. A Currency in Free Fall The dollar was quoted near 1.95 million rials in Iran’s open market on July […]Iran’s Rial Hits Record Low of 1.95 Million per Dollar as US Pressure Mounts
Iran’s rial slid to a fresh all-time low of about 1.95 million per U.S. dollar on Sunday, as renewed U.S. pressure and a collapsing ceasefire push an economy already battling 68.9% projected inflation deeper into crisis. A Currency in Free Fall The dollar was quoted near 1.95 million rials in Iran’s open market on July […]