Iran's Currency Plunges As Washington Readies 'Economic D-Day'

Iran Herald·August 24, 2026Sanctions

Irans alreadybattered economyis showing renewed signs of stress as Washington prepares to unveil what US officials have described as some of thetoughest sanctions yetagainst Tehran. The Iranian currency fell to a new low on August 24, with the dollar reaching 2,016,400 rials on the open market.

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