Iran Rial Crisis: Currency Hits Record Low Above 2 Million Per Dollar, Falls More Than 50% in a Year as Trump Prepares Toughest Sanctions and Tehran Tightens Hormuz Rules - The Sunday Guardian

Iran Rial Crisis: Currency Hits Record Low Above 2 Million Per Dollar, Falls More Than 50% in a Year as Trump Prepares Toughest Sanctions and Tehran Tightens Hormuz Rules - The Sunday Guardian

Source: The Sunday Guardian

DW NOTE

The rial crossed 2 million per dollar — a 50% collapse in twelve months — as Trump telegraphs maximum-pressure sanctions and Tehran hardens Hormuz transit rules. Iran is pricing in what comes next: not negotiation, but strangulation. When a currency halves in a year, the government has already lost control; it's just deciding how slowly to admit it.

Read the full story at The Sunday Guardian →