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✉news WarWar first seen 23 h ago, last 1 h ago, peak #1

Iran's currency hits record low amid war pressure

Original: Iran's currency hits a new record low as war erodes the country's economic stability

Iran's currency, the rial, has fallen to a new record low against the US dollar as the ongoing war erodes the country's economic stability. Reports carried by PBS and multiple ABC-affiliated stations describe deepening pressure on Iranians' purchasing power and the wider economy, with the conflict compounding existing sanctions and inflation.

Why now: The war's widening economic damage, now visible in Iran's collapsing currency, is drawing broad international news coverage.

IranIranian rialPBSABC

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