Iran's currency has fallen to more than 2.5 million rials per dollar as a U.S. naval blockade drives oil exports to zero for the first time since 1979, with inflation near 90% and GDP expected to shrink 5.4%.
Iran's Rial Hits Record Low as Oil Exports Collapse Under U.S. Blockade
Iran's currency has fallen to more than 2.5 million rials per dollar as a U.S. naval blockade drives oil exports to zero for the first time since 1979, with inflation near 90% and GDP expected to shrink 5.4%.
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