Iranian Currency Hits Record Low Amid Ongoing War
The Iranian currency has hit a new record low, with traders exchanging over 2.5 million rials to the US dollar on Tuesday.
This marks a steep decline from just 27 days ago when the rial reached its previous record low of 2.2 million to the dollar.
The currency has repeatedly hit new lows since the war in the Middle East began in February, further eroding Iran's economic stability.