Iran’s Currency Crashes to Record Low as New U.S. Sanctions Hammer Economy

Aug 28, 2026 - 10:00
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Iran’s Currency Crashes to Record Low as New U.S. Sanctions Hammer Economy

Iran’s currency plunged to a record low this week, crossing two million rials per U.S. dollar on informal markets as households rushed to convert their savings into hard currency ahead of additional U.S. sanctions.

The post Iran’s Currency Crashes to Record Low as New U.S. Sanctions Hammer Economy appeared first on Slay News.

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