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Iranian Rial Hits Record Low Amid Renewed Military Strikes

Guavy AI Editorial Team
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Iran's currency has reached a new low, plummeting to over 2.2 million rials per US dollar, according to two websites tracking the free market rate.

This represents a significant drop of about 10% in just one week and marks a decline of nearly half its value since last year's tightening of US sanctions and military strikes.

The current crisis has led to widespread economic hardship for Iranians, with many struggling to afford basic necessities.

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