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Iran's rial collapses amid war, sanctions, and internal crackdown
Asharq Al-Awsat·IR · US·about 2 hours ago
The Iranian rial has hit a new record low, losing over 50% of its value in the past year amid ongoing economic pressures. The Central Bank of Iran announced a capital injection of up to $2 billion to support the currency, but market confidence remains fragile. The move signals deepening currency crisis with potential inflationary and geopolitical implications.
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