Iran's currency fell to a record low against the U.S. dollar on Sunday as the country's economy struggles with the impact of internal unrest and sanctions.
fell to a new record low on Sunday, plummeting to 600,000 rials to the dollar for the first time in history as the country’s economy continues to be roiled by nationwide anti-government protests and international sanctions., which reached an annual rate of 53.4% in January – up from 41.4% two years according to the country’s statistics center.
In this photo released by the official website of the office of the Iranian Presidency, President Ebrahim Raisi attends a live televised interview with state-run TV, at the presidency office in Tehran, Iran, Saturday, Sept. 4, 2021. Iran's regime has Iran’s economy has struggled in recent years following the U.S. withdrawal from the 2015 nuclear accord that had lifted sanctions in exchange for strict limits on and surveillance of its nuclear program. At the time the deal was signed, the country’s currency traded at 32,000 rials to the dollar.
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