Iran’s currency fell to another record low on Sunday as inflation stayed high and sanctions continued to squeeze the country’s economy. Traders and economic data indicated that the rial weakened further against the U.S. dollar, underscoring the pressure on ordinary Iranians facing rising prices and shrinking purchasing power.

The latest drop comes as Iran struggles with the impact of international sanctions, especially on its oil exports, a key source of revenue for the state. With foreign exchange supplies under strain and confidence in the currency eroding, households are seeing the cost of food, goods, and basic services rise even faster.

Economists say the currency slide reflects deeper structural problems, including limited access to global markets, persistent inflation, and policy uncertainty. The deterioration has added to the financial burden on working families and small businesses already coping with years of economic isolation and domestic mismanagement.

The rial’s new low highlights how sanctions and economic weakness continue to hit civilians hardest, while leaving the government under pressure to stabilize a market it has struggled to control. For many Iranians, the currency crisis has become another sign of a broader cost-of-living emergency.