Iran's currency plunged to a record low in August, crossing the psychological threshold of 2 million rials to the US dollar, while annual inflation reached 66% in July.
Iran Has Enough Foreign Currency Despite US Sanctions: Central Bank Chief
Iran's currency plunged to a record low in August, crossing the psychological threshold of 2 million rials to the US dollar, while annual inflation reached 66% in July.
Published: 1 September 2026
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