Iran’s rial slid to a new record low on Saturday, underscoring the pressure that sanctions and a worsening economic crisis are placing on ordinary people. The currency was trading above 620,000 to the US dollar, extending a long period of weakness in the exchange market.

The latest drop comes as renewed US sanctions continue to squeeze Iran’s economy, limiting access to hard currency and adding to inflationary pressure. For many households, the falling rial means higher prices for imported goods, greater uncertainty, and less purchasing power in daily life.

Economists and market watchers have warned that the currency’s decline reflects not only external sanctions but also years of mismanagement, financial isolation, and broader instability. The impact is felt most sharply by wage earners, small businesses, and families already struggling to keep up with rising costs.

The fresh low highlights how Iran’s economic crisis continues to hit civilians first, while policymakers remain locked in a cycle of sanctions, distrust, and deepening hardship.