Iran: Strategic developments in Tehran
Iran’s currency hits a new record low as war erodes the country’s economic stability TEHRAN: Iran’s currency fell to a new record low on Tuesday, with traders in Tehran exchanging more than 2.5 million rials to the US dollar in a stark reflection of how the war in the Middle East has steadily eroded the Iranian economy. The latest decline came just 27 days after the rial hit its previous record low of 2.2 million to the dollar on Sept. 2. The currency has repeatedly reached new lows since the war began in February. The Iranian economy has been under duress for years in the fa
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This event was reported on rssby @Arab News Pakistan. The summary above is an automated, neutral description; always consult the original report before relying on it.
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