Iran's currency plunged past 2.5 million rials to the dollar as a US naval blockade has cut oil exports to virtually 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 US blockade
Iran's currency plunged past 2.5 million rials to the dollar as a US naval blockade has cut oil exports to virtually zero for the first time since 1979, with inflation near 90% and GDP expected to shrink 5.4%.
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