Iran's currency hits a new record low as war erodes the country's economic stability

Source ABC Local
Original Load Date Sept. 29, 2026, 9 a.m.
Last Updated Sept. 29, 2026, 9 a.m.
Original URL https://abc7chicago.com/story/irans-currency-hits-new-record-low-war-erodes-countrys-economic-stability/19887018/

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Iran’s currency fell to a new record low on Tuesday, with traders in Tehran exchanging more than 2.5 million rials to the U.S. dollar in a stark reflection of how the war in the Middle East has steadily eroded the Iranian economy. The latest decline came just 27 days after the rial hit its previous...