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The Piney Point

Iran's currency hits a new record low as war erodes the country's economic stability

Iran's currency hits a new record low as war erodes the country's economic stability
Photo: KPRC 2 / Click2Houston (NBC) · view original

Iran’s currency fell to a new record low on Tuesday, with traders in Tehran exchanging more than 2.5 million rials to the U.S. 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 previ...

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