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BUSINESSMyNorthwest·1d ago

Iran’s currency hits new record low, as war erodes Iran’s economic stability

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Iran's currency has reached a record low, with traders exchanging over 2.5 million rials to the U.S. dollar amid regional instability.

Iran’s currency fell to a new record low on Tuesday, with traders in Tehran exchanging more than 2.5 million rials to the U.S. dollar. The latest decline came just 27 days after the rial hit its previous record of 2.2 million to the dollar on Sept. 2. The currency has repeatedly reached new lows since […]

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