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Iran’s rial currency hits new record low as U.S. prepares to announce more sanctions

Iran's rial currency reached a record low of 2.02 million to the U.S. dollar at the start of trading, while the official Central Bank rate was approximately 1.5 million rial to the dollar; the market rate is the one most Iranians use.

The Hindu World 25/8/2026, 6:58:39 pm IST AI summary

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