Iranβs rial currency hits new record low as U.S. prepares to announce more sanctions
Source: The Hindu
Category: Business
Region: General
Published: August 24, 2026 at 11:39
π Summary
The rial dropped to 2.02 million to the U.S. dollar as trading opened on currency markets. Iran's official Central Bank rate stood at around 1.5 million rial to the dollar, but the market rate is what most Iranians pay