Iran’s rial hits 1,800,000 per dollar, extending sharp decline

Iran’s rial extended its decline to a record low in April 2026, reflecting mounting economic pressure tied to U.S. actions and ongoing regional tensions. Data tracking the open market exchange rate shows the currency falling to 1,800,000 rials per U.S. dollar on April 29. The move follows a long-term devaluation trend that began in early […]