Trump Claims Iran's Currency in Shambles Under His Policies
US President Donald Trump recently shared a post on his Truth Social platform claiming that his policies were 'destroying Iran's currency'. The chart accompanying the post showed a steep decline in the value of the Iranian rial against the US dollar.
The rial had weakened from around 900,000 rials per dollar in January 2025 to nearly 1.9 million rials per dollar by July 2026, according to the chart shared by Trump.
Trump's claim comes amid heightened tensions between Washington and Tehran, with economic pressure and sanctions remaining key elements of US policy toward Iran.