Irans rial currency hits record low as shaky ceasefire with US and Israel holds
TEHRAN, Iran (AP) — Iran’s national rial currency hit a record low Wednesday of 1. 8 million to the dollar as a shaky ceasefire with the U. S. and Israel holds. The rial had remained stable in the early weeks of the war that began Feb. 28, in part because there was little trading or imports. The rial began to slide two days ago. Experts warn that its fall is likely to further fuel inflation in a country where many imported goods, from food and medicine to electronics and raw materials, are...
Read MoreWed, 29 Apr 2026
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