Iranian rial

The Iranian rial has dropped to a new record low against the US dollar, with exchange rates exceeding 2.5 million rials per dollar. The collapse comes amid ongoing regional warfare, and observers say it reflects mounting pressure on Iran's economy as conflict disrupts trade and confidence in the currency.

Iran's currency, the rial, has dropped to its lowest value on record as the ongoing war devastates the country's economy. The collapse reflects deep losses in trade, investor confidence, and purchasing power, with ordinary Iranians facing rapidly rising prices for basic goods.