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✉news WorldDiplomacy first seen 23 h ago, last 5 h ago, peak #7

Iran's currency falls to record low as war hits economy

Original: Iran’s currency drops to record low as war destroys economy

Iran's currency has dropped to its lowest level on record, with reports attributing the collapse to the damage war has inflicted on the country's economy. The slide points to mounting pressure on Iran's financial system, eroding purchasing power and deepening an already severe economic crisis for ordinary Iranians.

Why now: The war's economic fallout is accelerating, and the currency hitting a record low is a striking marker of that deterioration.

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