Iran’s rial plunges past 2 million per dollar as Trump unleashes ‘crushing economic operation’
- Posted on August 24, 2026
- By Business News Today
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- 1 min read
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Iran’s rial plunges past 2 million per dollar as Trump unleashes ‘crushing economic operation’
Irans rial has fallen to a record low, crossing 2 million per dollar on the unofficial market as US President Donald Trump escalates pressure on Tehran. The currencys slide comes amid disruption to foreign-exchange transfers, falling exports and tighter financial restrictions, while Iran looks to China-aligned partners to withstand Washingtons economic assault.
