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Iranian Rial

איראן חשמל טהרן

Iran's currency plunges to historic low as Tehran turns off the street lights

Since Trump's election victory, the Islamic Republic's currency has lost more than 10% of its value; At the same time, Iran's energy crisis is also worsening, despite its vast oil and gas reserves: the electricity grid is shaky due to sanctions, and now that a cold wave has arrived, there is not enough for everyone

News Agencies | 12.18.24

איראן מטבע ריאל איראני

Was it worth it? Iranian currency tanks after failed attack on Israel

Black market trading $1 for near 705,000 rials up from 500,000 before October 7; inflation also spiraling out of control, having already hit a staggering 40%

Smadar Perry | 04.16.24

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