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Iran’s currency has slumped to another record low, reflecting mounting economic pressure on ordinary people as inflation accelerates and sanctions continue to squeeze the country’s finances. On…
Iran’s rial fell to another record low on Friday, underscoring the pressure on households already strained by inflation and a worsening economic outlook. On the open market, the currency traded above…
Iran’s currency slid to a new all-time low on Friday, trading above 620,000 rials to the US dollar as inflation climbed past 45% year on year, according to Reuters. The latest drop underscores the…
