Iran's currency hits record low as US prepares to hit Tehran with economic offensive
The National · 24 Aug 2026

Iran's currency hits record low as US prepares to hit Tehran with economic offensive

Iran’s currency, which has recently been in free fall, hit an all-time low against the dollar, as the US prepares to announce crushing economic measures against Tehran on Monday. The Iranian rial was trading at about 2.02 million to the US dollar on the parallel market on Monday, according to Bonbas


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