🔦 UNDER-REPORTED — barely anyone else is covering this:
Iranian rial at new low, as ce
#IranianRial #IranEconomy #Forex #CurrencyMarket #MiddleEastNews #Breaking #Economy #WorldNews

The question now is whether $2 billion will change the expectations behind the rial's fall, or only mark the level where the next round of pressure starts. #IranianRial #CurrencyIntervention #Sanctions
🔦 UNDER-REPORTED — barely anyone else is covering this:
Iranian rial at new low, as ce
#IranianRial #IranEconomy #Forex #CurrencyMarket #MiddleEastNews #Breaking #Economy #WorldNews
The question now is whether this search for shelter calms down once the war's cost becomes clearer, or whether each new low for the rial keeps producing the very records that look, on the surface, like strength. #IranianRial #TehranStockExchange #MoneyIllusion
Iran’s rial fell to a record low above 2.5 million per dollar in Tehran’s open market as war, sanctions and severe inflation pressure the economy.