Iranian rial

Seven months of war have driven living costs sharply higher for ordinary Iranians, with prices for food, fuel and basic goods climbing beyond what many households can afford. Reuters reports that people across the country are struggling to make ends meet as the economic toll of the conflict compounds long-standing inflation and pressure on the rial.

Iran's currency has fallen to a new record low against the US dollar, with the ongoing war deepening the country's economic instability. The collapse of the rial reflects mounting pressure on Iran's economy from conflict, sanctions and inflation, leaving ordinary Iranians facing sharply rising prices for basic goods and dwindling confidence in the financial system.