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Iran’s currency hits record low as US moves to unveil new sanctions

DigestReported byTelanganatoday

Times Bay AreaPublished August 25, 2026Updated August 25, 2026English

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Iran’s currency hits record low as US moves to unveil new sanctions
Photo: Telanganatodayview original

Iran’s rial hit a record low against the US dollar ahead of new US sanctions targeting digital assets, technology, gold, aviation and shipping. Tehran rejected Washington’s demands, defended its sovereignty and dismissed claims that the Strait of Hormuz remained fully open

Source: Telanganatoday. Summary and artwork credited to the original publisher.

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