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Mmastodon BusinessEconomy first seen 20 h ago, last 7 h ago, peak #5

Iranian rial falls to new all-time low

Original: 🟢 Economy | 5/10 🇮🇷 Iranian rial falls to new low The Iranian rial has fallen to a new all-time low, trading at around 2

The Iranian rial has dropped to a record low against the US dollar, trading at around 2.44 million rials per dollar. The decline underscores mounting pressure on Iran's currency amid chronic inflation and economic strain. Observers are watching whether the slide accelerates and how authorities respond to the currency's continued erosion.

Why now: The currency hitting a record low signals deepening economic crisis in Iran, drawing attention to its causes and consequences.

IranIranian rialCentral Bank of Iran

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Rank over time, top of the chart is #1. 10 snapshots from 20 h ago to 7 h ago.

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