Iranian rial falls past 2 million per dollar as sanctions and war pressure deepen
Iran's rial has fallen to a new all-time low on the free market, dropping past 2 million rials to one US dollar. The move comes as sanctions and the economic fallout from the US-Israel war on Iran continue to weigh on households and businesses. The currency slide has added to pressure on prices for basic goods and medicines in Tehran and beyond.The report says Washington has imposed its toughest sanctions yet in an effort to squeeze Tehran's economy. It also says Iran's economy has already been weakened by decades of US and international sanctions, particularly measures linked to its nuclear... [Continue Reading]
360LiveNews | 26 Aug 2026 12:00 LONDON
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