Iranian Rial Hits New Historic Low!
Qiyas summary
The Iranian rial fell to 2.7 million per dollar as the central bank announced a $2 billion injection to support the currency amid US sanctions.
Translated by Qiyas from النهار — Original source
The Iranian rial continued its decline yesterday, hitting 2.7 million rials per dollar, as the central bank announced it would inject up to $2 billion to support the currency, while the economy faces U.S. sanctions and a maritime blockade. The Bon Bast website, which tracks the free market, reported that the selling price of the U.S. dollar reached approximately 2.688 million rials, up from 2.632 million on Friday, while the Anjand.com website stated that the dollar price stood at 2.695 million rials.
