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Event Brief

Iran’s rial hits record low amid shaky US-Israel ceasefire

Iran’s rial fell to a record low of 1.8 million per $1 as a ceasefire with the U.S. and Israel remained shaky.
WHO: Iran’s national rial currency
WHAT: Rial currency hit a record low of 1.8 million to $1
WHEN: Apr 29, 2026 at 6:53 AM ET
WHERE: Iran
WHY: No specific cause was reported.
Sources (2): ABC News, Middle East Eye

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