Iranian currency falls to new low

Middle East Eye·September 2, 2026Sanctions

Iranian currency falls to new low Iran's currency has dropped to a record low of more than 2. 2 million rials per US dollar, two websites tracking the free market rate showed on Wednesday, amid renewed US strikes on the country. The rial has dropped about 10% in the past week, having lost about half of its value in a year of tightening US sanctions and US-Israeli attacks that began in February.

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