✉news BusinessBanking first seen 1 d ago, last 1 h ago, peak #1

Iranian rial hits record low as central bank intervenes

Original: Iranian rial at new low, as cenbank sells dollars to support currency

The Iranian rial has fallen to a new low against the US dollar, prompting the central bank to intervene by selling dollars in an effort to prop up the currency. The slide reflects mounting pressure on Iran's economy, with the market closely watching whether the bank's dollar sales can halt the depreciation.

Why now: The rial's slide to a record low and the central bank's intervention signal deepening economic stress in Iran.

IranIranian rialCentral Bank of Iran

Open on news →

Rank over time, top of the chart is #1. 8 snapshots from 11 h ago to 1 h ago.

Evidence

• Iranian rial at new low, as cenbank sells dollars to support currency · Reuters
• Iranian rial at new low, as cenbank sells dollars to support currency · Middle East Eye

API: https://socialmediatrends-api.osmike.com/v1/trends/899935