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Iran’s free-market dollar rate rose above 2.5 million rials on Tuesday, extending a sharp fall in the currency and adding to concerns about rising prices and shrinking household purchasing power.
US Treasury publishes graphic showing Iranian rial at 2.44 million to the dollar with a trajectory pointing toward 3 million, as Bessent vows to keep degrading Iran's ability to fund terrorism and develop a nuclear weapon
Iran's rial plunges to a fresh low as Tehran and Washington hold indirect talks on reopening the Strait of Hormuz