Iran's rial drops to record low

NEWS SUMMARY

Iran's currency, the rial, reached a record low of 1,810,000 to the US dollar on Wednesday, falling nearly 15 percent in two days. This decline is attributed to renewed US economic pressure, including shipping blockades, and strikes on Iranian infrastructure, impacting exports and exacerbating high inflation.

Full BriefGenerated 0m ago

Iran's currency dropped to a record low of 1,810,000 rials to the US dollar on Wednesday, the Iranian Student News Agency (Isna) said. The rial has seen its value fall by nearly 15 percent in the last two days according to Isna, after experiencing weeks of stability as demand for other currencies was inhibited due to war conditions and Iranian New Year holidays.

This page aggregates and summarizes reporting from Middle East Eye. The Conflict Pulse does not author original reporting. Read the original source for full coverage.

READ ORIGINAL

SHARE ON X WHATSAPP REDDIT

CONFLICT OVERVIEW

Iran

Latest verified updates on Iran’s regional confrontation, U.S.–Israeli strikes, missile retaliation, proxy networks, sanctions, and Strait of Hormuz risks.

SOURCE PERSPECTIVES

How outlets across the bias spectrum are covering this conflict.

left

US expands Iran attacks as Trump warns Tehran and Houthis over Red Sea strikes

The Guardian Middle East

How Chinese tech and Russian tactics are aiding Iran’s bombing of US bases

The Guardian Asia

center

Oman talking with Tehran on Hormuz as US and Iran continue strikes

Al Jazeera

John Esposito's warning against a clash of civilisations has never been more urgent

Middle East Eye