Iran"s rial has reached record lows, trading at approximately 1.45 million IRR per USD in the free market. Current remittance and open market rates are reported around 1,455,000 to 1,457,000 IRR per USD. This decline is attributed to ongoing economic pressures, including sanctions, inflation, and recent geopolitical tensions that have fueled nationwide anti-regime protests.
The situation has escalated as protests continue across the country, with the Iranian government facing significant unrest. The Iranian Foreign Minister has characterized the unrest as a "terrorist war against the country," highlighting the government"s stance on the protests.
As previously reported, the economic situation in Iran has been deteriorating, leading to increased public discontent and protests. The rial"s decline is a reflection of these ongoing challenges, which have been exacerbated by both internal and external factors.
![[Video] UK's Communities Secretary calls for legislation to combat online antisemitism](/_next/image?url=%2Fapi%2Fimage%2Fthumbnails%2Fthumbnail-1768221056282-8cmay-thumbnail.jpg&w=3840&q=75)
![[Video] France opens applications for 10-month national service for youth](/_next/image?url=%2Fapi%2Fimage%2Fthumbnails%2Fthumbnail-1768220506872-i17id8-thumbnail.jpg&w=3840&q=75)
![[Video] China expresses hope for stability in Iran and opposes foreign interference](/_next/image?url=%2Fapi%2Fimage%2Fthumbnails%2Fthumbnail-1768218682021-2tdq3c-thumbnail.jpg&w=3840&q=75)