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Iranian Rial Plunges to Record Low, Down 50% in a Year; CBI Announces $2B Injection
Capital.grLO·IR·2 days ago
The Iranian rial has depreciated to a record low of ~2.7 million per USD, losing over 80% of its value since early 2026. This reflects sustained pressure from sanctions, capital flight, and domestic economic mismanagement. The collapse signals accelerating inflation and potential social instability, though official data may lag.
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