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Iran rial hits record low against US dollar after sanctions reimposed
Middle East News
28-09-2025 | 04:41
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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.
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