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Iran rial hits record low against US dollar after sanctions reimposed

Middle East News

28-09-2025 | 05:41

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Iran rial hits record low against US dollar after sanctions reimposed

The Iranian rial plummeted to a record low against the U.S. dollar on Sunday after the reinstatement of United Nations sanctions, according to currency-tracking websites.

On the black market, the rial was trading at around 1.12 million rials against the dollar, the Bonbast and AlanChand websites reported, about a month after it had been slightly above one million rials to the greenback.

AFP

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