Iran's Currency Falls to a Record Low - bluewin.ch
Source: bluewin.ch
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DW NOTE
Iran has been holding the Strait of Hormuz shut since February, strangling its own export revenue to punish the West. Now the rial collapses to a record low. Blockades work both ways, and Tehran is discovering that a country with 40% official inflation and no access to dollar markets cannot wage economic warfare indefinitely.
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