Iran's Currency Crisis: Record-low rial deepens pressure on Iranian households - CGTN

Iran's Currency Crisis: Record-low rial deepens pressure on Iranian households - CGTN

Source: CGTN

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DW NOTE

The rial is collapsing because Iran has spent six months enforcing a Strait closure that cut its own oil exports while racking up sanctions for refusing to reopen. Tehran is now collecting conditions instead of dollars — households pay the bill in groceries they can't afford.

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