EconomyIranian rial hits record low as dollar surpasses 2.2 million rials
The Iranian rial has fallen 63% against the dollar since March, with the dollar exceeding 2.2 million rials, the euro reaching 2.55 million and gold coins trading at 2.26 billion rials. The central bank governor pledged a $2 billion injection while acknowledging that inflation was placing “heavy pressure on people’s livelihoods.”
Iranian rial hits record low as dollar surpasses 2.2 million rials