Iran Currency Crisis: Rial Hits Record Low Despite $2bn Dollar Sale - within nigeria
Iran Currency Crisis: Rial Hits Record Low Despite $2bn Dollar Sale - within nigeria
Source: within nigeria
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DW NOTE
Iran dumped $2 billion into the currency market and the rial fell anyway. That tells you everything about confidence in the regime. When a government's own intervention accelerates the sell-off, you're watching the endgame of a monetary system — particularly one operating under 219 days of self-imposed trade isolation that's cut global oil supply by 6%.